{"id":25919,"date":"2025-05-09T03:16:42","date_gmt":"2025-05-09T03:16:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25919"},"modified":"2025-05-09T03:16:42","modified_gmt":"2025-05-09T03:16:42","slug":"bitcoin-closing-in-on-104000-ethereum-dogecoin-soar-on-trade-deal-optimism-analytics-firm-says-bullish-sentiment-a-double-edged-sword","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25919","title":{"rendered":"Bitcoin Closing In On $104,000, Ethereum, Dogecoin Soar On Trade Deal Optimism: Analytics Firm Says Bullish Sentiment A ‘Double-Edged Sword’"},"content":{"rendered":"
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The cryptocurrency market rallied sharply on Thursday after the Trump administration inked a trade deal with the United Kingdom.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/strong><\/td>\nGains +\/-<\/strong><\/td>\nPrice (Recorded at 9:00 p.m. ET)<\/strong><\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n+4.81%<\/td>\n$102,675.77<\/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		+20.05%<\/td>\n$2,195.20<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n+10.98%<\/td>\n$0.1948<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>breached the $100,000 milestone after a wait of three months, catalyzing a broader market uptick. The apex cryptocurrency nearly tapped $104,000 in a volatile session, with trading volume increasing by 59% in the last 24 hours.<\/p>\n

Bitcoin\u2019s gains were overwhelmed by its younger sibling, Ethereum<\/strong>, which burst out after weeks of sideways trading around the $1,800 range. The second-largest cryptocurrency breached $2,200, a level not seen in over two months.<\/p>\n

The rally pushed Ethereum’s market dominance past 8% for the first time in over a month.<\/p>\n

Bearish leveraged traders took in huge losses as the rally wiped out nearly $800 million in short positions.<\/p>\n

Interestingly, Bitcoin’s Open Interest dropped 0.20% in the last 24 hours, indicating that the rally may have been driven by short covering. On the other hand, Ethereum’s Open Interest …<\/p>\n

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

The cryptocurrency market rallied sharply on Thursday after the Trump administration inked a trade deal with the United Kingdom. Cryptocurrency Gains +\/- Price (Recorded at 9:00 p.m. ET) Bitcoin (CRYPTO: BTC) +4.81% $102,675.77 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +20.05% $2,195.20 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +10.98% $0.1948 What Happened: Bitcoin breached the $100,000 milestone after a wait of three […]<\/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-25919","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\/25919","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=25919"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25919\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}