{"id":2319,"date":"2024-11-08T02:02:41","date_gmt":"2024-11-08T02:02:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2319"},"modified":"2024-11-08T02:02:41","modified_gmt":"2024-11-08T02:02:41","slug":"bitcoin-ethereum-rise-dogecoin-steady-after-fed-cuts-rate-analyst-predicts-apex-cryptos-next-local-top-at-85-4k-if-this-happens","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2319","title":{"rendered":"Bitcoin, Ethereum Rise, Dogecoin Steady After Fed Cuts Rate: Analyst Predicts Apex Crypto&#8217;s Next Local Top At $85.4K If This Happens"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> tapped an all-time high, and <strong>Ethereum <\/strong>soared as the Federal Reserve&#8217;s <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/11\/41820253\/fed-cuts-interest-rates-to-lowest-since-february-2023-sticks-to-data-driven-path\">latest quarter-point rate cut<\/a> boosted market momentum on Thursday.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td>Cryptocurrency<\/td>\n<td>Gains +\/-<\/td>\n<td>Price (Recorded at 7:30 p.m. ET)<\/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>+1.46%<\/td>\n<td>$76,365.42<\/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>+8.52%<\/td>\n<td>$2,938.85<\/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>-0.92%<\/td>\n<td>$0.1943<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world&#8217;s largest cryptocurrency hit a new all-time high at $76,872.61, barely two days after creating records on the day of the U.S. presidential election.<\/p>\n<p>Ethereum powered above $2,900 for the first time in more than three months in a late-evening rally.<\/p>\n<p>Bitcoin&#8217;s market dominance rose above 60%, following a 3.44 percentage point gain in the last 24 hours, while Ethereum also saw a minor increase in market share.<\/p>\n<p>In the past 24 hours, 89,458 traders were liquidated, with the total liquidations coming in at $311.71 million. Short-leveraged traders saw $186 million worth of their positions evaporate in the rally.<\/p>\n<p>Bitcoin&#8217;s Open Interest rose 2.88%, indicating an influx of fresh money in the derivatives market.<\/p>\n<p>Bitcoin&#8217;s Relative Strength Index (RSI) went into the overbought territory, as per TradingView, strengthening the case of a pullback.<\/p>\n<p>That said, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41832345\/bitcoin-ethereum-rise-dogecoin-steady-after-fed-cuts-rate-analyst-predicts-apex-cryptos-ne\" alt=\"Bitcoin,\" ethereum rise dogecoin steady after fed cuts rate: analyst predicts apex crypto next local top at if this happens>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve&#8217;s latest quarter-point rate cut boosted market momentum on Thursday. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.46% $76,365.42 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +8.52% $2,938.85 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.92% $0.1943 What Happened: The world&#8217;s largest cryptocurrency hit a new all-time [&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-2319","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\/2319","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=2319"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2319\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}