{"id":12589,"date":"2025-02-12T02:16:48","date_gmt":"2025-02-12T02:16:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12589"},"modified":"2025-02-12T02:16:48","modified_gmt":"2025-02-12T02:16:48","slug":"bitcoin-ethereum-dogecoin-dip-even-as-fed-chair-powell-says-no-to-cbdc-analyst-says-btc-under-consolidation-but-next-big-move-likely","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12589","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Dip Even As Fed Chair Powell Says No To CBDC: Analyst Says BTC Under Consolidation But ‘Next Big Move’ Likely"},"content":{"rendered":"
\n

Leading cryptocurrencies dipped on Tuesday even as Federal Reserve Chair Jerome Powell <\/strong>made remarks seen as favorable for the industry during a Senate hearing.\u00a0<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 7:45 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-1.92%<\/td>\n$96,012.26<\/td>\n<\/tr>\n
Ethereum<\/strong> (CRYPTO: ETH<\/a>)
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n		-3.34%<\/td>\n$2,607.85<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-1.87%<\/td>\n$0.2531<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>started to slide in the morning hours and hit an intraday low of $94,875.04 before recovering to $96,000 late evening.<\/p>\n

Ethereum <\/strong>fell back to the $2,600 zone a day after breaching $2,700. The two leading assets were down 2.61% and 5.19%, respectively, over the week.<\/p>\n

In a significant development, Fed Chair Powell assured to “take a fresh look” at debanking, which the cryptocurrency industry had complained<\/a> about during the previous administration.<\/p>\n

Powell also stated that the Fed won’t develop a central bank digital currency under his watch during his testimony before the Senate Banking Committee.<\/p>\n

Meanwhile, cryptocurrency liquidations reached $228 million over the last 24 hours, with long liquidations accounting for $154 million.<\/p>\n

Bitcoin’s Open Interest rose by 1.49% in the last 24 …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Leading cryptocurrencies dipped on Tuesday even as Federal Reserve Chair Jerome Powell made remarks seen as favorable for the industry during a Senate hearing.\u00a0 Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -1.92% $96,012.26 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -3.34% $2,607.85 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.87% $0.2531 What Happened: Bitcoin started to slide in […]<\/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-12589","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\/12589","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=12589"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12589\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}