{"id":2559,"date":"2024-11-13T03:03:23","date_gmt":"2024-11-13T03:03:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2559"},"modified":"2024-11-13T03:03:23","modified_gmt":"2024-11-13T03:03:23","slug":"bitcoin-ethereum-consolidate-dogecoin-surges-as-election-rally-takes-a-breather-analyst-says-pullback-typical-for-healthy-market","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2559","title":{"rendered":"Bitcoin, Ethereum Consolidate, Dogecoin Surges As Election Rally Takes A Breather: Analyst Says Pullback &#8216;Typical&#8217; For Healthy Market"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies cooled down from their blistering election run Tuesday, although <strong>Bitcoin <\/strong>briefly hit the $90,000 milestone.<\/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>+0.28%<\/td>\n<td>$88,460.30<\/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>-1.43%<\/td>\n<td>$3,267.67<\/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>+9.79%<\/td>\n<td>$0.3761<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world&#8217;s largest cryptocurrency temporarily touched $90,000 for the first time in history before quickly giving in to sell pressure.\u00a0<\/p>\n<p><strong>Ethereum <\/strong>also remained volatile, topping $3,400 for the first time since the last week of July before falling below $3,300<strong>.<\/strong><\/p>\n<p>Meanwhile, Dogecoin continued its uptrend after President-elect\u00a0<strong>Donald Trump<\/strong><a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/11\/41927289\/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently\"> appointed<\/a> tech mogul <strong>Elon Musk<\/strong> and\u00a0former presidential candidate\u00a0<strong>Vivek Ramaswamy<\/strong>\u00a0to lead the much-anticipated\u00a0<strong>Department of Government Efficiency<\/strong>\u00a0(DOGE).<\/p>\n<p>The halt in the rally affected bullish leveraged traders, as nearly $550 million in long positions were wiped out in the last 24 hours.<\/p>\n<p>The overheated market cooled down as funding rates across major exchanges dropped sharply, though long-position traders still maintained their dominance.<\/p>\n<p>The &#8220;Extreme Greed&#8221; sentiment intensified as the reading on the Cryptocurrency &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/11\/41927985\/bitcoin-ethereum-consolidate-dogecoin-surges-as-election-rally-takes-a-breather-analyst-says\" alt=\"Bitcoin,\" ethereum consolidate dogecoin surges as election rally takes a breather: analyst says pullback for healthy market>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies cooled down from their blistering election run Tuesday, although Bitcoin briefly hit the $90,000 milestone. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.28% $88,460.30 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.43% $3,267.67 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +9.79% $0.3761 What Happened: The world&#8217;s largest cryptocurrency temporarily touched $90,000 for the first time in [&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-2559","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\/2559","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=2559"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2559\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}