{"id":24819,"date":"2025-05-02T02:31:31","date_gmt":"2025-05-02T02:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24819"},"modified":"2025-05-02T02:31:31","modified_gmt":"2025-05-02T02:31:31","slug":"bitcoin-ethereum-dogecoin-spike-alongside-stocks-trader-peter-brandt-says-btc-on-target-to-reach-bull-market-top-of-125000-150000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24819","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Spike Alongside Stocks: Trader Peter Brandt Says BTC On Target To Reach Bull Market Top Of $125,000-$150,000"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies rallied Thursday as investors turned to <strong>Bitcoin<\/strong> amid a weak financial climate.<\/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 8:30 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>+2.72%<\/td>\n<td>$96,815.33<\/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>+2.76%<\/td>\n<td>$1,844.13<\/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>+4.88%<\/td>\n<td>$0.1812<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: Bitcoin reached an intraday high of $97,437.96 in the early trading hours, then fell to roughly $96,500 in the afternoon before making a fresh move past $97,000 overnight.<\/p>\n<p><strong>Ethereum <\/strong>peaked at $1,872.94 for the day before pulling back to $1,835. Both assets saw an appreciable spike in trading volumes.<\/p>\n<p>Bitcoin&#8217;s market dominance rose to a yearly high of 63.8%, implying that investors were more confident in the &#8220;King Coin&#8221; relative to other cryptocurrencies.<\/p>\n<p>Bitcoin\u2019s uptick comes a day after the U.S. economy contracted in the first quarter, with investors possibly <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/25\/04\/45100047\/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds\">considering it as a safe haven<\/a> in times of economic turmoil.<\/p>\n<p>The upsurge resulted in $209 million in cryptocurrency liquidations, with $154 million in bearish shorts erased.<\/p>\n<p>Bitcoin\u2019s Open Interest exploded 8.21% to $66.93 billion in the last 24 hours, marking a jump in leverage and potential market volatility. Interestingly, despite the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/05\/45157129\/bitcoin-ethereum-dogecoin-spike-alongside-stocks-trader-peter-brandt-projects-a-btc-bull-market-top-in-the-125000\" alt=\"Bitcoin,\" ethereum dogecoin spike alongside stocks: trader peter brandt says btc on target to reach bull market top of>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies rallied Thursday as investors turned to Bitcoin amid a weak financial climate. Cryptocurrency Gains +\/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +2.72% $96,815.33 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +2.76% $1,844.13 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +4.88% $0.1812 What Happened: Bitcoin reached an intraday high of $97,437.96 in the early trading hours, then fell to [&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-24819","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\/24819","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=24819"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24819\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}