{"id":10412,"date":"2025-01-30T03:01:47","date_gmt":"2025-01-30T03:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10412"},"modified":"2025-01-30T03:01:47","modified_gmt":"2025-01-30T03:01:47","slug":"bitcoin-ethereum-dogecoin-rise-defy-stocks-decline-as-fed-leaves-rates-unchanged-top-trader-sees-possible-40-downside-for-this-large-cap-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10412","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Rise, Defy Stocks Decline As Fed Leaves Rates Unchanged: Top Trader Sees Possible 40% Downside For This Large-Cap Crypto"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies lifted on Wednesday, defying the stock market&#8217;s decline as the Federal Reserve snapped its interest rate-cutting streak.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td>Cryptocurrency<\/td>\n<td>Gains +\/-<\/td>\n<td>Price (Recorded at 8:15 p.m. ET)<\/td>\n<\/tr>\n<tr>\n<td><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)<\/td>\n<td>+2.61%<\/td>\n<td>$104,300.32<\/td>\n<\/tr>\n<tr>\n<td><strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>)<br \/><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n<td>+1.31%<\/td>\n<td>$3,146.53<\/td>\n<\/tr>\n<tr>\n<td><strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n<td>+1.83%<\/td>\n<td>$0.3304<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>reclaimed the $104,000 mark, helped by bullish commentary from Fed Chair <strong>Jerome Powell.<\/strong><\/p>\n<p><strong>Ethereum <\/strong>also registered gains, although it waited for a strong upward breach from $3,200.<\/p>\n<p>The second-largest cryptocurrency has trailed Bitcoin thus far in 2025, recording year-to-date losses of 5.80% as opposed to the apex cryptocurrency&#8217;s 11% gains.<\/p>\n<p>At the press conference, Powell<strong> <\/strong>took a positive stance on cryptocurrencies, <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/01\/43318325\/a-different-powell-emerges-fed-chair-softens-hawkish-tone-on-interest-rates-bitcoin\">praising the ongoing efforts<\/a> to provide a clear regulatory framework for the industry.<\/p>\n<p>The rally resulted in $257.59 million in cryptocurrency liquidations in the last 24 hours, with the majority being downside bets.<\/p>\n<p>Bitcoin&#8217;s Open Interest rose by 2.58% in the last 24 hours, indicating an influx of fresh money into its futures market.<\/p>\n<p>However, over 50% of Bitcoin traders took short positions on the asset, according to the Long\/Short ratio, suggesting that &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/01\/43325952\/bitcoin-ethereum-dogecoin-rise-defy-stocks-decline-as-fed-leaves-rates-unchanged-top-trader-\" alt=\"Bitcoin,\" ethereum dogecoin rise defy stocks decline as fed leaves rates unchanged: top trader sees possible downside for this large-cap crypto>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies lifted on Wednesday, defying the stock market&#8217;s decline as the Federal Reserve snapped its interest rate-cutting streak. Cryptocurrency Gains +\/- Price (Recorded at 8:15 p.m. ET) Bitcoin (CRYPTO: BTC) +2.61% $104,300.32 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +1.31% $3,146.53 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +1.83% $0.3304 What Happened: Bitcoin reclaimed the $104,000 mark, helped by bullish commentary from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":2,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10412","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10412"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10412\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}