{"id":1312,"date":"2024-10-17T20:01:09","date_gmt":"2024-10-17T20:01:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1312"},"modified":"2024-10-17T20:01:09","modified_gmt":"2024-10-17T20:01:09","slug":"bitcoin-ethereum-dogecoin-consolidate-with-a-down-day-but-second-leg-of-the-bull-cycle-is-underway-says-trader","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1312","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Consolidate With A Down Day, But: &#8216;Second Leg Of The Bull Cycle Is Underway,&#8217; Says Trader"},"content":{"rendered":"<div>\n<p>Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Cryptocurrency<\/strong><\/td>\n<td><strong>Price\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n<td><strong>Gains +\/-<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Bitcoin (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)<\/td>\n<td>\u00a0$66,879.97<\/td>\n<td>-1.3%<\/td>\n<\/tr>\n<tr>\n<td>Ethereum (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>)<\/td>\n<td>\u00a0$2,583.46<\/td>\n<td>-1.1%<\/td>\n<\/tr>\n<tr>\n<td>Solana (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>)<\/td>\n<td>\u00a0$148.51<\/td>\n<td>-3.8%<\/td>\n<\/tr>\n<tr>\n<td>Dogecoin (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<\/td>\n<td>\u00a0$0.1213<\/td>\n<td>-4%<\/td>\n<\/tr>\n<tr>\n<td>Shiba Inu (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>)<\/td>\n<td>\u00a0$0.00001767<\/td>\n<td>-5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Notable Statistics:<\/strong><\/p>\n<ul>\n<li>IntoTheBlock data shows Bitcoin large transaction volume decreasing by 14.8% and daily active addresses falling by 20.1%. Transactions greater than $100,000 are down from 9,654 to 9,147 in a single day. Exchanges netflows are down by 267%.<\/li>\n<li>Coinglass data reports 55,803 traders were liquidated in the past 24 hours, with total liquidations at $155.31 million.<\/li>\n<li>Arkham Intelligence <a href=\"https:\/\/x.com\/ArkhamIntel\/status\/1846941499755229497\">reported<\/a> ETFs have purchased $1.38 billion of BTC in three days this week. This is already the biggest ETF week in four months.<\/li>\n<\/ul>\n<p><strong>Notable Developments:<\/strong><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41385343\/bitcoin-whales-push-apex-crypto-to-67k-what-happens-next\">Bitcoin Whales Push Apex Crypto To $67K: What Happens Next?<\/a><\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41386011\/bitcoin-etfs-ethereum-staking-stablecoins-power-crypto-growth-in-2024-coinbase-report\">Bitcoin ETFs, Ethereum Staking, Stablecoins &#8230;<\/a><\/strong><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41390306\/bitcoin-ethereum-dogecoin-consolidate-with-a-down-day-but-second-leg-of-the-bull-cycle-is-\" alt=\"Bitcoin,\" ethereum dogecoin consolidate with a down day but: leg of the bull cycle is underway says trader>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency markets are trading lower on Thursday, consolidating gains from earlier in the week. Cryptocurrency Price\u00a0\u00a0\u00a0\u00a0 Gains +\/- Bitcoin (CRYPTO: BTC) \u00a0$66,879.97 -1.3% Ethereum (CRYPTO: ETH) \u00a0$2,583.46 -1.1% Solana (CRYPTO: SOL) \u00a0$148.51 -3.8% Dogecoin (CRYPTO: DOGE) \u00a0$0.1213 -4% Shiba Inu (CRYPTO: SHIB) \u00a0$0.00001767 -5% Notable Statistics: IntoTheBlock data shows Bitcoin large transaction volume decreasing by [&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-1312","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\/1312","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=1312"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1312\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}