{"id":17118,"date":"2025-03-11T02:02:52","date_gmt":"2025-03-11T02:02:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17118"},"modified":"2025-03-11T02:02:52","modified_gmt":"2025-03-11T02:02:52","slug":"bitcoin-ethereum-dogecoin-sink-deeper-as-recession-worries-overshadow-crypto-market-arthur-hayes-has-this-advice-for-risk-averse-traders","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17118","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Sink Deeper As Recession Worries Overshadow Crypto Market: Arthur Hayes Has This Advice For Risk-Averse Traders"},"content":{"rendered":"
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Leading cryptocurrencies extended losses Monday, mirroring the stock rout, as investors get jittery over recession concerns.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/strong><\/td>\nGains +\/-<\/strong><\/td>\nPrice (Recorded at 8:30 p.m. ET)<\/strong><\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-4.54%<\/td>\n$76,982.36<\/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		-9.88%<\/td>\n$1,821.41<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-11.00%<\/td>\n$0.1478<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin<\/strong> sank below $77,000 to hit a four-month low. The leading cryptocurrency was down 29% from its all-time high, wiping away nearly all of the gains since Trump’s victory<\/a> in the presidential elections.<\/p>\n

Ethereum<\/strong> slipped below $1,800, its lowest since October 2023. Year-to-date, the second-largest cryptocurrency has plunged over 45%.<\/p>\n

The downturn comes despite President Donald Trump<\/strong> signing an executive order for a Strategic Bitcoin Reserve<\/a> last week.<\/p>\n

About $926 million was liquidated from the cryptocurrency market in the last 24 hours due to the slump, with $742 million in long positions getting erased.<\/p>\n

That said, Bitcoin’s recovery to $85,000 would liquidate about a billion in short positions.\u00a0<\/p>\n

Bitcoin’s Open Interest fell 3.83% over the last 24 hours, while the number of traders positioned short on the asset soared to 52% of the total.<\/p>\n

The Crypto Fear and Greed Index remained in the “Extreme Fear” …<\/p>\n

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

Leading cryptocurrencies extended losses Monday, mirroring the stock rout, as investors get jittery over recession concerns. Cryptocurrency Gains +\/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.54% $76,982.36 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -9.88% $1,821.41 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -11.00% $0.1478 What Happened: Bitcoin sank below $77,000 to hit a four-month low. The leading cryptocurrency was […]<\/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-17118","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\/17118","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=17118"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17118\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}