{"id":15240,"date":"2025-02-27T02:46:51","date_gmt":"2025-02-27T02:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15240"},"modified":"2025-02-27T02:46:51","modified_gmt":"2025-02-27T02:46:51","slug":"bitcoin-ethereum-dogecoin-plunge-deeper-on-trumps-tariff-threats-analyst-hopeful-btc-will-touch-93500-in-relief-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15240","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Plunge Deeper On Trump&#8217;s Tariff Threats: Analyst Hopeful BTC Will Touch $93,500 In Relief Rally"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies plunged on Wednesday on fears of a full-blown trade war between the U.S. and Europe.<\/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 7:45 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>-4.01%<\/td>\n<td>$84,586.64<\/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>-5.64%<\/td>\n<td>$2,334.17<\/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>-3.32%<\/td>\n<td>$0.2024<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>sank below $83,000 for the first time in 15 weeks before pairing losses late in the evening. The leading cryptocurrency was down over 21% since its January all-time high.<\/p>\n<p>In the last 24 hours, <strong>BlackRock <\/strong>transferred over $160 million in BTC to <strong>Coinbase<\/strong>, which were outflows from <strong>iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>), according to Arkham Intelligence.<\/p>\n<p>Similarly, <strong>Ethereum <\/strong>plunged to an intraday low of $2,255.05, its lowest since Donald Trump&#8217;s presidential victory.<\/p>\n<p>The continuing price decline was precipitated by reports of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43987636\/bitcoin-tumbles-below-85000-amid-president-trumps-eu-tariff-threats\">Trump&#8217;s threats to impose 25%<\/a> tariffs on the European Union.<\/p>\n<p>Over $760 million was liquidated from the cryptocurrency market in the last 24 hours, with $606 million in long positions erased.<\/p>\n<p>That said, a recovery to $90,500 would liquidate over $1 billion worth of short positions<\/p>\n<p>Bitcoin&#8217;s Open Interest &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/02\/43996033\/bitcoin-ethereum-dogecoin-plunge-deeper-on-trumps-tariff-threats-analyst-hopeful-btc-will-to\" alt=\"Bitcoin,\" ethereum dogecoin plunge deeper on trump tariff threats: analyst hopeful btc will touch in relief rally>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies plunged on Wednesday on fears of a full-blown trade war between the U.S. and Europe. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -4.01% $84,586.64 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -5.64% $2,334.17 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -3.32% $0.2024 What Happened: Bitcoin sank below $83,000 for the first time in 15 weeks before [&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-15240","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\/15240","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=15240"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15240\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}