{"id":14700,"date":"2025-02-24T14:16:44","date_gmt":"2025-02-24T14:16:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14700"},"modified":"2025-02-24T14:16:44","modified_gmt":"2025-02-24T14:16:44","slug":"ethereum-down-19-in-a-month-could-japans-rate-hike-spark-a-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14700","title":{"rendered":"Ethereum Down 19% In A Month: Could Japan&#8217;s Rate Hike Spark a Rally?"},"content":{"rendered":"<div>\n<p><strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) has seen a 19% decline over the past month, but traders are positioning for <a href=\"https:\/\/www.benzinga.com\/money\/ethereum-eth-price-predictions\">a potential rally<\/a>.<\/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<\/strong><\/td>\n<td><strong>Market Cap<\/strong><\/td>\n<td><strong>24-Hour Trend<\/strong><\/td>\n<td><strong>7-Day Trend<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>)<\/td>\n<td>$2,683.09<\/td>\n<td>$323.5 billion<\/td>\n<td>-4.4%<\/td>\n<td>-3.1%<\/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>$95,838.47<\/td>\n<td>$1.9 trillion<\/td>\n<td>-0.1%<\/td>\n<td>-0.5%<\/td>\n<\/tr>\n<tr>\n<td><strong>XRP<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>)<\/td>\n<td>$2.47<\/td>\n<td>$143.8 billion<\/td>\n<td>-3%<\/td>\n<td>-7.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Trader Notes<\/strong>: Historically, ETH experiences a sharp wick within two weeks of a Bank of Japan (BoJ) rate hike, according to analyst Benjamin Cowen in a <a href=\"https:\/\/www.youtube.com\/watch?v=p_2V0P_DJtA\">podcast<\/a> published on Monday. <\/p>\n<p>He attributes this to the broader impact of monetary policy on risk assets.\u00a0 In January 2025, the <a href=\"https:\/\/www.benzinga.com\/news\/econ-s\/25\/01\/43183053\/bank-of-japan-raises-interest-rates-to-pre-2008-levels-amid-trumps-tariff-uncertainties\">BoJ hiked its interest rates<\/a> not seen since 2008 financial crisis. The next rate hike is likely expected in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43912007\/ethereum-down-19-in-a-month-could-japans-rate-hike-spark-a-rally\" alt=\"Ethereum\" down in a month: could japan rate hike spark rally>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum (CRYPTO: ETH) has seen a 19% decline over the past month, but traders are positioning for a potential rally. Cryptocurrency Price\u00a0\u00a0\u00a0 Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $2,683.09 $323.5 billion -4.4% -3.1% Bitcoin (CRYPTO: BTC) $95,838.47 $1.9 trillion -0.1% -0.5% XRP (CRYPTO: XRP) $2.47 $143.8 billion -3% -7.5% Trader Notes: Historically, [&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-14700","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\/14700","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=14700"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14700\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}