{"id":16402,"date":"2025-03-06T02:46:33","date_gmt":"2025-03-06T02:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16402"},"modified":"2025-03-06T02:46:33","modified_gmt":"2025-03-06T02:46:33","slug":"bitcoin-ethereum-dogecoin-spike-amid-high-hopes-from-white-house-crypto-summit-this-analyst-has-some-good-news-for-those-patiently-holding-their-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16402","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Spike Amid High Hopes From White House Crypto Summit: This Analyst Has Some Good News For Those &#8216;Patiently Holding&#8217; Their ETH"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies rallied on Wednesday on news that <strong>Bitcoin <\/strong>would be granted special status in the national strategic cryptocurrency reserve.<\/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>$90,164.31<\/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>+3.79%<\/td>\n<td>$2,245.90<\/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>+2.42%<\/td>\n<td>$0.2029<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The apex cryptocurrency surpassed $90,000, recouping gains lost due to the ongoing tariff announcements by President <strong>Donald Trump<\/strong>.<\/p>\n<p>The momentum trickled to the rest of the market as <strong>Ethereum <\/strong>sailed past $2,500, hitting an intraday high of $2,272.80.<\/p>\n<p>The improvement in sentiment came after Commerce Secretary <strong>Howard Lutnick<\/strong> indicated <a href=\"https:\/\/in.benzinga.com\/markets\/cryptocurrency\/25\/03\/44143660\/howard-lutnick-says-president-definitely-thinks-theres-a-bitcoin-strategic-reserve\">major policy announcements<\/a> during Friday\u2019s White House crypto summit. He confirmed that Bitcoin may receive special status in the national cryptocurrency reserve, but other tokens will be treated differently but positively.<\/p>\n<p>The rally liquidated short positions worth $145 million from the cryptocurrency market in the last 24 hours.<\/p>\n<p>Bitcoin&#8217;s Open Interest popped 5.34%. A surge in spot price, coinciding with a jump in OI, indicated an influx of fresh money into &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/03\/44157693\/bitcoin-ethereum-dogecoin-spike-amid-high-hopes-from-white-house-crypto-summit-this-analyst-\" alt=\"Bitcoin,\" ethereum dogecoin spike amid high hopes from white house crypto summit: this analyst has some good news for those holding their eth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies rallied on Wednesday on news that Bitcoin would be granted special status in the national strategic cryptocurrency reserve. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +4.01% $90,164.31 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +3.79% $2,245.90 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +2.42% $0.2029 What Happened: The apex cryptocurrency surpassed $90,000, recouping gains lost due [&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-16402","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\/16402","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=16402"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16402\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}