{"id":14043,"date":"2025-02-20T03:16:47","date_gmt":"2025-02-20T03:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14043"},"modified":"2025-02-20T03:16:47","modified_gmt":"2025-02-20T03:16:47","slug":"bitcoin-ethereum-dogecoin-gain-as-trump-reaffirms-crypto-support-are-short-sellers-exiting-the-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14043","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Gain As Trump Reaffirms Crypto Support: Are Short Sellers Exiting The Market?"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies rose on Wednesday as President <strong>Donald Trump <\/strong>reiterated his intention to make the U.S. the &#8220;cryptocurrency capital.&#8221;<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Cryptocurrency<\/strong><\/td>\n<td><strong>Gains +\/-<\/strong><\/td>\n<td><strong>Price (Recorded at 8:30 p.m. ET)<\/strong><\/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>+1.58%<\/td>\n<td>$96,689.24<\/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>+2.13%<\/td>\n<td>$2,716.15<\/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>+1.90%<\/td>\n<td>$0.2546<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>sailed above $96,900, while <strong>Ethereum <\/strong>reentered the $2,700 zone overnight, amid Trump&#8217;s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43836911\/trump-reiterates-resolve-to-make-us-the-crypto-capital-critic-labels-idea-of-bitcoin-reser\">positive remarks about the industry<\/a> at a Miami conference.\u00a0<\/p>\n<p>Bitcoin&#8217;s dominance remained over 60%, while Ethereum cornered a 10% market share.<\/p>\n<p>Cryptocurrency liquidations hit $132.69 million in the last 24 hours, as the rally erased over $75 million in bearish bets.<\/p>\n<p>Interestingly, Bitcoin&#8217;s Open interest fell 0.28%. A decline in Open Interest, coinciding with a price increase, indicated that shorts were covering their positions.<\/p>\n<p>Bitcoin&#8217;s Long\/Short ratio rose above 1, indicating that the majority of the traders were placing upside bets on the leading cryptocurrency.<\/p>\n<p>Market sentiment flipped from &#8220;Fear&#8221; to &#8220;Neutral,&#8221; according to the Crypto &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/02\/43837719\/bitcoin-ethereum-dogecoin-gain-as-trump-reaffirms-crypto-support-are-short-sellers-exiting-t\" alt=\"Bitcoin,\" ethereum dogecoin gain as trump reaffirms crypto support: are short sellers exiting the market>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies rose on Wednesday as President Donald Trump reiterated his intention to make the U.S. the &#8220;cryptocurrency capital.&#8221; Cryptocurrency Gains +\/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.58% $96,689.24 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +2.13% $2,716.15 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +1.90% $0.2546 What Happened: Bitcoin sailed above $96,900, while Ethereum reentered the $2,700 zone [&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-14043","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\/14043","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=14043"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14043\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}