{"id":34956,"date":"2025-07-03T03:16:32","date_gmt":"2025-07-03T03:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34956"},"modified":"2025-07-03T03:16:32","modified_gmt":"2025-07-03T03:16:32","slug":"bitcoin-nearly-hits-110000-ethereum-dogecoin-also-spike-amid-etf-buzz-analyst-says-door-open-for-118000-btc-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34956","title":{"rendered":"Bitcoin Nearly Hits $110,000 \u2014 Ethereum, Dogecoin Also Spike Amid ETF Buzz: Analyst Says Door Open For $118,000 BTC Rally"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies rallied sharply on Wednesday as institutional demand fuels optimism.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table class=\"has-fixed-layout\">\n<thead>\n<tr>\n<th><strong>Cryptocurrency<\/strong><\/th>\n<th><strong>Gains +\/-<\/strong><\/th>\n<th><strong>Price (Recorded at 10:20 p.m. ET)<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>)<\/td>\n<td>+3.09%<\/td>\n<td>$108,832.24<\/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>+6.72%<\/td>\n<td>$2,571.03<\/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>+6.21%<\/td>\n<td>$0.1680<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>rallied to an intraday high of $109,763.65 in the afternoon before profit-taking dragged it back to the $108,000 region.<\/p>\n<p>The upsurge followed news that <strong>BlackRock\u2019s iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) is <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/07\/46228970\/blackrocks-bitcoin-etf-surpasses-sp-500-etf-in-revenue-as-xrp-dogecoin-etf-approval-predicted-to-follow-soon\">now generating more in fees<\/a> than its flagship S&amp;P 500 fund.<\/p>\n<p>Bitcoin&#8217;s spike rubbed off on the rest of the market, with <strong>Ethereum <\/strong>and altcoins surging significantly.<\/p>\n<p>The upsurge resulted in over $250 million in bearish short positions getting erased in the last 24 hours.\u00a0<\/p>\n<p>Bitcoin\u2019s open interest powered 8.71% in the last 24 hours to $74 billion, indicating high speculative interest. Interestingly, over 68% of <strong>Binance <\/strong>traders with open BTC positions continued to be short as of this writing.<\/p>\n<p>The &#8220;Greed&#8221; sentiment intensified from 63 to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/25\/07\/46238265\/bitcoin-nearly-hits-110000-ethereum-dogecoin-also-spike-amid-etf-buzz-analyst-says-door-open-for-118000-bt\" alt=\"Bitcoin\" nearly hits ethereum dogecoin also spike amid etf buzz: analyst says door open for btc rally>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies rallied sharply on Wednesday as institutional demand fuels optimism. Cryptocurrency Gains +\/- Price (Recorded at 10:20 p.m. ET) Bitcoin (CRYPTO: BTC) +3.09% $108,832.24 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +6.72% $2,571.03 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +6.21% $0.1680 What Happened: Bitcoin rallied to an intraday high of $109,763.65 in the afternoon before profit-taking dragged it back to the [&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-34956","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\/34956","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=34956"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34956\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}