{"id":2991,"date":"2024-11-20T02:16:47","date_gmt":"2024-11-20T02:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2991"},"modified":"2024-11-20T02:16:47","modified_gmt":"2024-11-20T02:16:47","slug":"bitcoin-dogecoin-gain-ethereum-drops-as-blackrocks-etf-options-volume-breaches-1b-on-debut-analyst-flags-opportunity-to-buy-eth-before-it-outperforms-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2991","title":{"rendered":"Bitcoin, Dogecoin Gain, Ethereum Drops As BlackRock’s ETF Options Volume Breaches $1B On Debut: Analyst Flags ‘Opportunity’ To Buy ETH Before It Outperforms BTC"},"content":{"rendered":"
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Leading cryptocurrencies rose Tuesday with the successful debut of spot Bitcoin <\/strong>(CRYPTO: BTC<\/a>) exchange-traded funds (ETFs) options.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 7:45 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n+1.46%<\/td>\n$92,264.28<\/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		-1.96%<\/td>\n$3,112.15<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n+4.77%<\/td>\n$0.3875<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin recorded a new all-time high after breaching $94,000. The rally came after Nasdaq listed options for BlackRock\u2019s<\/strong> iShares Bitcoin Trust ETF<\/strong> (NASDAQ:IBIT<\/a>) for the first time, giving a fillip to institutional adoption of the world’s largest cryptocurrency.<\/p>\n

Robert Mitchnick<\/strong>, BlackRock’s head of digital assets, told a panel at the Benzinga Future of Digital Assets <\/a>conference that the options trading volume breached the 1 billion mark<\/a> on its first day.<\/p>\n

Ethereum <\/strong>wiggled in the $3,100 zone throughout the day. Over the last week, the asset lost nearly 5% of its value, while Bitcoin gained 4.59%.<\/p>\n

Total cryptocurrency liquidations reached $293 million in the last 24 hours, with $183 million in bullish bets getting evaporated. .\u00a0<\/p>\n

Bitcoin’s Open Interest (OI) increased by 2.54% in the last 24 hours, indicating opening of new derivatives.\u00a0<\/p>\n

Most of the new positions bet against Bitcoin’s price rise, as Long\/Shorts Ratio fell sharply below 1 in the last 24 hours.<\/p>\n

The euphoria ebbed considerably, as the reading on …<\/p>\n

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

Leading cryptocurrencies rose Tuesday with the successful debut of spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) options. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +1.46% $92,264.28 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.96% $3,112.15 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +4.77% $0.3875 What Happened: Bitcoin recorded a new all-time high after breaching $94,000. The rally came […]<\/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-2991","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\/2991","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=2991"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2991\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}