{"id":1194,"date":"2024-10-16T03:17:43","date_gmt":"2024-10-16T03:17:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1194"},"modified":"2024-10-16T03:17:43","modified_gmt":"2024-10-16T03:17:43","slug":"bitcoin-marches-ahead-ethereum-dogecoin-flat-amid-stocks-reversal-analyst-highlights-factors-supporting-king-cryptos-rise-to-71k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1194","title":{"rendered":"Bitcoin Marches Ahead, Ethereum, Dogecoin Flat Amid Stocks&#8217; Reversal: Analyst Highlights Factors Supporting King Crypto&#8217;s Rise To $71K"},"content":{"rendered":"<div>\n<p>Market bellwether <strong>Bitcoin <\/strong>maintained its upsurge Tuesday, defying the sharp decline in stock prices.<\/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 9:30 p.m. EDT)<\/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>+2.22%<\/td>\n<td>$67,341.02<\/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>-0.30%<\/td>\n<td>$2,617.63<\/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>-1.31%<\/td>\n<td>$0.1166<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world&#8217;s largest cryptocurrency<strong> <\/strong>bounced above $67,000 in early trading hours, the highest since July 29. Barring intermittent bouts of volatility, the coin broadly sustained its rally as of Monday overnight.<\/p>\n<p>On the contrary, <strong>Ethereum <\/strong>failed to hold onto its gains after a spike to $2,679.\u00a0<\/p>\n<p>Digital asset trading firm <strong>QCP Capital<\/strong> noted that the rally could be election-driven, following <strong>Donald Trump&#8217;<\/strong>s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41342342\/donald-trump-extends-betting-odds-lead-to-58-42-heres-how-kamala-harris-plans-to-reverse-t\">significant lead<\/a> on prediction markets against <strong>Kamala Harris<\/strong>.<\/p>\n<p>Total cryptocurrency liquidations exceeded $304 million in the last 24 hours, the highest in over two weeks. More than $182 million in upside bets were erased.<\/p>\n<p>Bitcoin&#8217;s Open Interest rose 2.21% to $38.10 billion, indicating an influx of fresh money into the speculative market.\u00a0<\/p>\n<p>The reading on the Cryptocurrency Fear &amp; Greed index increased from 65 to 73,\u00a0 indicating that &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41349325\/bitcoin-marches-ahead-ethereum-dogecoin-flat-amid-stocks-reversal-analyst-highlights-facto\" alt=\"Bitcoin\" marches ahead ethereum dogecoin flat amid stocks reversal: analyst highlights factors supporting king crypto rise to>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Market bellwether Bitcoin maintained its upsurge Tuesday, defying the sharp decline in stock prices. Cryptocurrency Gains +\/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +2.22% $67,341.02 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.30% $2,617.63 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.31% $0.1166 What Happened: The world&#8217;s largest cryptocurrency bounced above $67,000 in early trading hours, the highest since July [&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":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1194","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\/1194","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=1194"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1194\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}