{"id":12851,"date":"2025-02-13T10:03:03","date_gmt":"2025-02-13T10:03:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12851"},"modified":"2025-02-13T10:03:03","modified_gmt":"2025-02-13T10:03:03","slug":"bitcoin-bounces-back-from-cpi-dip-as-bnb-breaks-700-market-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12851","title":{"rendered":"Bitcoin Bounces Back From CPI Dip as BNB Breaks $700 (Market Watch)"},"content":{"rendered":"
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Bitcoin\u2019s price dipped by a few grand yesterday after the worst-than-expected US CPI data but bounced off and even tapped $98,000 briefly before settling at around $96,000.<\/p>\n

BNB, HYPE, and SUI have emerged as the biggest gainers from the larger-cap alts today, while ETH failed at $2,700 following positive news.<\/p>\n

BTC Recovers<\/h2>\n

The primary cryptocurrency went through a full-on rollercoaster at the start of the previous week, with multiple $10,000 moves in both directions. It settled in the following days in a tighter range between $96,000 and $98,000, aside from a brief spike toward $100,000 on Friday.<\/p>\n

The subsequent rejection, though, pushed it south<\/a> to the lower bound of the range, where it spent most of the weekend as well. The business week began with a price pump toward $98,000 but was halted once again.<\/p>\n

More volatility was expected yesterday following the release of the US CPI numbers. Once they went live and were higher than the general expectations, BTC slipped<\/a> by two grand within minutes to $94,000.<\/p>\n

However, the asset bounced off immediately and added four grand by the Thursday morning Asian trading session. It was stopped once again there and now sits just inches above $96,000.<\/p>\n

Its market capitalization has remained at just over $1.9 trillion, while its dominance over the alts has taken a big hit and is down to 57.6%.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

BNB Back Above $700<\/h2>\n

Ethereum jumped<\/a> high this morning after CBOE filed for a spot staked ETH ETF on behalf of 21Shares. However, it quickly lost most of the gains and is now below $2,700 once again. XRP, DOGE, ADA, LINK, AVAX, and XLM are also slightly in the green on a daily scale.<\/p>\n

BNB has jumped the most, adding 9.5% of value and trading above $700 now. SUI and HYPE followed suit, with 8% gains, which have pushed them to $3.5 and $25, respectively.<\/p>\n

Some meme coins have posted<\/a> impressive increases over the past day as well. Nevertheless, the total crypto market cap has remained still at just over $3.3 trillion on CG.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post Bitcoin Bounces Back From CPI Dip as BNB Breaks $700 (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price dipped by a few grand yesterday after the worst-than-expected US CPI data but bounced off and even tapped $98,000 briefly before settling at around $96,000. BNB, HYPE, and SUI have emerged as the biggest gainers from the larger-cap alts today, while ETH failed at $2,700 following positive news. BTC Recovers The primary cryptocurrency […]<\/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-12851","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\/12851","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=12851"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12851\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}