{"id":14803,"date":"2025-02-25T02:01:39","date_gmt":"2025-02-25T02:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=14803"},"modified":"2025-02-25T02:01:39","modified_gmt":"2025-02-25T02:01:39","slug":"bitcoin-ethereum-dogecoin-bleed-amid-trumps-tariff-threat-bybit-mega-breach-analyst-says-mid-bull-reset-not-unprecedented-full-blown-bear-market-not-yet-here","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=14803","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Bleed Amid Trump&#8217;s Tariff Threat, Bybit Mega Breach: Analyst Says &#8216;Mid-Bull Reset&#8217; Not Unprecedented, Full-Blown Bear Market Not Yet Here"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies corrected sharply on Monday as the <strong>Bybit<\/strong> hack and President <strong>Donald Trump\u2019s<\/strong> tariff threat weighed on the market.<\/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 7:30 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>-4.82%<\/td>\n<td>$91,639.29<\/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>-11.48%<\/td>\n<td>$2,494.24<\/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>-13.79%<\/td>\n<td>$0.2096<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>sank below $91,000 for the first time in over three months, while <strong>Ethereum<\/strong> fell to an intraday low of $2,461.52, its lowest since Feb. 3.<\/p>\n<p>The apex cryptocurrency has already lost 9.7% since February began, in contrast to the 43% rise it saw last year. Ethereum has dropped 23.63% and could be heading to its worst February.<\/p>\n<p>Ethereum was at the center of the <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43905078\/bybit-nears-recovery-after-crypto-heist-freezes-42-89-million-in-stolen-funds-secures-1-23-billion-in-eth-through-whales-and-loans\">$1.4 billion hack<\/a> on cryptocurrency exchange Bybit. Although the platform claims to have restored its ETH holdings to pre-hack levels, concerns about hackers dumping such a big amount have generated alarm.<\/p>\n<p>The market bled profusely, with over $960 million getting liquidated in the last 24 hours. Upside bets accounted for $890 million.\u00a0<\/p>\n<p>Hedges against price decline increased as the total number of short positions surpassed long positions, according to the Long\/Short Ratio.<\/p>\n<p>That said, a whopping $1.61 billion in short positions risked liquidation if Bitcoin reclaimed $100,000.<\/p>\n<p>The market was gripped with &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/02\/43930754\/bitcoin-ethereum-dogecoin-bleed-amid-trumps-tariff-threat-bybit-mega-breach-analyst-says-mid\" alt=\"Bitcoin,\" ethereum dogecoin bleed amid trump tariff threat bybit mega breach: analyst says reset not unprecedented full-blown bear market yet here>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies corrected sharply on Monday as the Bybit hack and President Donald Trump\u2019s tariff threat weighed on the market. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.82% $91,639.29 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -11.48% $2,494.24 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -13.79% $0.2096 What Happened: Bitcoin sank below $91,000 for the first time in [&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-14803","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\/14803","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=14803"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/14803\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}