{"id":2642,"date":"2024-11-14T02:09:32","date_gmt":"2024-11-14T02:09:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2642"},"modified":"2024-11-14T02:09:32","modified_gmt":"2024-11-14T02:09:32","slug":"bitcoin-flirts-with-100k-dogecoin-edges-higher-ethereum-dips-as-cpi-numbers-fuel-rate-cut-hopes-analyst-says-btc-could-see-over-180-upside-due-to-this-bullish-pattern","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2642","title":{"rendered":"Bitcoin Flirts With $100K, Dogecoin Edges Higher, Ethereum Dips As CPI Numbers Fuel Rate Cut Hopes: Analyst Says BTC Could See Over 180% Upside Due To This Bullish Pattern"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>continued to make records as supportive inflation numbers raised the market&#8217;s expectations of further interest rate cuts by the Federal Reserve.<\/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>+1.79%<\/td>\n<td>$89,874.80<\/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>-2.11%<\/td>\n<td>$3,190.24<\/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>+1.10%<\/td>\n<td>$0.3925<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world&#8217;s largest cryptocurrency sailed above $93,000 during U.S. trading hours Wednesday, before a sharp correction into the $89,000 zone.<\/p>\n<p>Bitcoin&#8217;s dominance rose to 60%, reflecting that investors were far more confident in it than other cryptocurrencies.<\/p>\n<p><strong>Ethereum <\/strong>also rallied to an intraday high of $3,366, later cooling down to $3,190, as investors began cashing out.<\/p>\n<p>Nearly $850 million in derivatives contracts was erased in the last 24 hours, with leveraged longs accounting for 61% of the total.<\/p>\n<p>Bitcoin&#8217;s Open Interest (OI) rose 2.30% in the last 24 hours, signaling higher speculative interest.\u00a0<\/p>\n<p>Most top trader accounts on <strong>Binance <\/strong>were still positioned &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/11\/41960639\/bitcoin-flirts-with-100k-dogecoin-edges-higher-ethereum-dips-as-cpi-numbers-fuel-rate-cut-ho\" alt=\"Bitcoin\" flirts with dogecoin edges higher ethereum dips as cpi numbers fuel rate cut hopes: analyst says btc could see over upside due to this bullish pattern>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin continued to make records as supportive inflation numbers raised the market&#8217;s expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.79% $89,874.80 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -2.11% $3,190.24 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +1.10% $0.3925 What Happened: The world&#8217;s largest cryptocurrency sailed above $93,000 [&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-2642","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\/2642","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=2642"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2642\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}