{"id":1474,"date":"2024-10-22T02:17:49","date_gmt":"2024-10-22T02:17:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1474"},"modified":"2024-10-22T02:17:49","modified_gmt":"2024-10-22T02:17:49","slug":"bitcoin-ethereum-dogecoin-plunge-after-hitting-multi-month-highs-dont-be-scared-to-buy-btc-dips-between-62k-63k-says-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1474","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Plunge After Hitting Multi-Month Highs: Don’t Be Scared To Buy BTC Dips Between $62K-$63K, Says Analyst"},"content":{"rendered":"
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Leading cryptocurrencies made a sharp U-turn Monday, mirroring the pullback in stocks, as the \u2018Uptober\u2019 rally takes a halt.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 8:45 p.m. EDT)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-3.28%<\/td>\n$66,950.69<\/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		-4.26%<\/td>\n$2,631.99<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-2.13%<\/td>\n$0.1421<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>went downhill throughout the day, dipping to an intraday low of $66,580. The retracement occurred just one day after the leading cryptocurrency surpassed $69,000 for the first time since early June.<\/p>\n

Ethereum <\/strong>saw a steeper decline, falling back into the $2,600 zone. On Sunday, the second-largest cryptocurrency hit its highest level since the first week of August.<\/p>\n

Total cryptocurrency liquidations surged to $204 million in the last 24 hours, with over $174 million longs being wiped out.\u00a0<\/p>\n

Bitcoin’s Open Interest dropped by 2% in the last 24 hours, while Ethereum’s speculative market contracted by 3.75%.<\/p>\n

The pullback triggered bearish sentiment as the number of traders shorting Bitcoin rose compared to those bullishly leveraged on the asset, as per the Long\/Shorts Ratio.<\/p>\n

That said, market sentiment remained in the “Greed” zone as of this writing, according to the Cryptocurrency …<\/p>\n

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

Leading cryptocurrencies made a sharp U-turn Monday, mirroring the pullback in stocks, as the \u2018Uptober\u2019 rally takes a halt. Cryptocurrency Gains +\/- Price (Recorded at 8:45 p.m. EDT) Bitcoin (CRYPTO: BTC) -3.28% $66,950.69 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -4.26% $2,631.99 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -2.13% $0.1421 What Happened: Bitcoin went downhill throughout the day, dipping to an intraday […]<\/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-1474","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\/1474","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=1474"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1474\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}