{"id":22090,"date":"2025-04-15T05:16:42","date_gmt":"2025-04-15T05:16:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22090"},"modified":"2025-04-15T05:16:42","modified_gmt":"2025-04-15T05:16:42","slug":"dogecoin-slumps-3-bitcoin-steady-around-85k-as-traders-fear-u-s-recession","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22090","title":{"rendered":"Dogecoin Slumps 3%, Bitcoin Steady Around $85K as Traders Fear U.S. Recession"},"content":{"rendered":"
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Dogecoin shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets.<\/p>\n<\/p>\n

\u201cProminent financial figures have started to warn that the US is heading into an imminent recession, with betting markets placing 40% to 60% odds of one happening in 2025,\u201d Augustine Fan, head of insights at SignalPlus, told CoinDesk in a Telegram message. \u201cOur view is that it probably doesn’t matter, as sentiment often frames reality, not the other way around.\u201d<\/p>\n<\/p>\n

\u201cAs such, crypto has benefited from the recent shake-out, as equities have been realizing higher volatility than Bitcoin through the risk-off move. A beggar-thy-neighbour policy with tariffs has pushed spot gold to ATHs, with BTC finally regaining some of its long-lost ‘store of value’ narrative,\u201d Fan added.<\/p>\n<\/p>\n

Crypto majors tracked by the broad-based CoinDesk 20 (CD20) slid nearly 2%, data shows, with DOGE leading losses. Solana\u2019s SOL, tron (TRX) and Cardano\u2019s ADA lost as much as 2.5%, BNB Chain\u2019s BNB and xrp (XRP) were little changed as bitcoin clung to the $85,000 level.<\/p>\n<\/p>\n

Mantra\u2019s OM token showed a 20% rise over the past 24 hours to trade at 63 cents in Asian morning hours Tuesday, following a bizarre sell-off that saw it lose 90% within an hour late Sunday. A recovery plan is in the works, its CEO said in an interview following the plunge, though market watchers remain sceptical of any promises.<\/p>\n<\/p>\n

Elsewhere, Story Protocol\u2019s IP dumped 20%, then jumped more than 30% within hours late Monday, with early fears of an OM-like sell-off among crypto circles.<\/p>\n<\/p>\n

Meanwhile, VeThor\u2019s VTHO zoomed 37% as UFC CEO Dana White joined the protocol as a strategic advisor, boosting hopes for mainstream adoption \u2014 and recognition \u2014 of the RWA-focused token.-<\/p>\n

https:\/\/x.com\/vechainofficial\/status\/1911817066887197012<\/a><\/p>\n<\/p>\n

Meanwhile, Singapore-based QCP Capital said in a Telegram broadcast that BTC risk reversals remained skewed in favour of puts until June, suggesting that markets are still mildly cautious in the near term.<\/p>\n<\/p>\n

\u201cThat said, the tone further out is turning more constructive. On Saturday, we observed aggressive buying of 800x BTC-27MAR26-100k-C. BTC continues to consolidate within the $80k-$90k range and could continue trading sideways, adopting a “wait and see” approach to the tariff situation,\u201d QCP said.<\/p>\n<\/p>\n

However, the $100,000 call option has become the most favored bet among traders in the mid-term, as CoinDesk noted<\/a> Monday, with a notional open interest of nearly $1.2 billion.<\/p>\n<\/p>\n

Meanwhile, some traders say that sell-offs related to tariffs may be well behind and hope for improved sentiment in the days ahead.<\/p>\n<\/p>\n

\u201cThe current upward trend was further bolstered by the Federal Reserve’s assurance that it stands ready to intervene and stabilize markets in the event of a crisis triggered by the tariffs,\u201d Jupiter Zheng, partner of liquid fund and research at HashKey Capital, told CoinDesk.<\/p>\n<\/p>\n

\u201cAs the US engages in trade negotiations with other nations, we remain hopeful that the most turbulent period may be behind us,\u201d Zheng ended.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin shed 3% while bitcoin (BTC) and ether (ETH) remained flat in the past 24 hours as tariff concerns gradually subsided among traders, though fears of a U.S. recession increased in betting markets. \u201cProminent financial figures have started to warn that the US is heading into an imminent recession, with betting markets placing 40% to […]<\/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-22090","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\/22090","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=22090"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22090\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}