{"id":3617,"date":"2024-12-03T02:32:38","date_gmt":"2024-12-03T02:32:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3617"},"modified":"2024-12-03T02:32:38","modified_gmt":"2024-12-03T02:32:38","slug":"bitcoin-ethereum-dogecoin-dip-as-investors-get-spooked-by-us-governments-2b-btc-transfer-analyst-says-breakout-above-100k-could-trigger-20-25-correction-in-top-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3617","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Dip As Investors Get Spooked By US Government&#8217;s $2B BTC Transfer: Analyst Says Breakout Above $100K Could Trigger 20-25% Correction In Top Crypto"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies corrected Monday after the U.S. government moved nearly $2 billion in <strong>Bitcoin <\/strong>to new addresses.<\/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 7:45 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>-1.56%<\/td>\n<td>$95,870.15<\/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>-1.58%<\/td>\n<td>$3,641.51<\/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>-4.99%<\/td>\n<td>$0.4231<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world&#8217;s largest cryptocurrency dipped to an intraday low of $94,600 after on-chain data showed the outward movement of around 19,800 BTCs, worth $1.92 billion, confiscated from the <a href=\"https:\/\/www.benzinga.com\/topic\/silk-road\">online black market Silk Road<\/a>, from the address linked to the U.S. government.<\/p>\n<p>Analytics firm Arkham said that the stash was split into two wallets, from where about 10,000 BTCs, or $963 million, were moved to cryptocurrency exchange <strong>Coinbase.<\/strong><\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ALERT: US GOVERNMENT MOVING $1.92B BTC TO NEW ADDRESS<\/p>\n<p>Address: bc1q0av33ktzrkjps8exjex5gtv98vx225uqmzhspm <a href=\"https:\/\/t.co\/JSELsjFg5T\">pic.twitter.com\/JSELsjFg5T<\/a><\/p>\n<p>\u2014 Arkham (@arkham) <a href=\"https:\/\/twitter.com\/arkham\/status\/1863623883422679160?ref_src=twsrc%5Etfw\">December 2, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p>The resultant FUD gripped the larger market, pushing <strong>Ethereum <\/strong>to fall below $3,600 until dip buying sparked a comeback.<\/p>\n<p>The correction triggered nearly $600 million in liquidations in the last 24 hours, with about $425 million in bullish bets &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/12\/42281558\/bitcoin-ethereum-dogecoin-dip-as-investors-get-spooked-by-us-governments-2b-btc-transfer-ana\" alt=\"Bitcoin,\" ethereum dogecoin dip as investors get spooked by us government btc transfer: analyst says breakout above could trigger correction in top crypto>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies corrected Monday after the U.S. government moved nearly $2 billion in Bitcoin to new addresses. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -1.56% $95,870.15 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.58% $3,641.51 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -4.99% $0.4231 What Happened: The world&#8217;s largest cryptocurrency dipped to an intraday low of $94,600 after [&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-3617","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\/3617","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=3617"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3617\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}