{"id":3685,"date":"2024-12-04T02:16:34","date_gmt":"2024-12-04T02:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3685"},"modified":"2024-12-04T02:16:34","modified_gmt":"2024-12-04T02:16:34","slug":"bitcoin-ethereum-dogecoin-power-down-amid-south-korea-political-turmoil-analyst-shares-strategy-for-altcoin-holders-avoid-chasing-fomo-take-profits","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3685","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Power Down Amid South Korea Political Turmoil: Analyst Shares Strategy For Altcoin Holders \u2014 Avoid Chasing FOMO, Take Profits"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies traded flat Tuesday even as the stock market closed at new records.\u00a0<\/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>-0.35%<\/td>\n<td>$95,699.46<\/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>-0.27%<\/td>\n<td>$3,627.03<\/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>-1.50%<\/td>\n<td>$0.4143<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>had a rocky journey, falling to $93,645 in the morning before recovering to $96,000.<\/p>\n<p>The volatility came amid <a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/12\/42301885\/south-korea-etfs-won-pare-losses-as-yoon-makes-u-turn-on-martial-law-declaration\">huge political drama<\/a> in South Korea, as President <strong>Yoon Suk Yeol<\/strong> revoked a martial law decree just hours after it was announced.<\/p>\n<p>Bitcoin&#8217;s market dominance fell by more than 6%, while altcoins recorded a significant jump in share.\u00a0<\/p>\n<p>The volatile movement led to more than $621 million in cryptocurrency liquidations in the last 24 hours, with bullish leveraged bets accounting for $389 million.<\/p>\n<p>Bitcoin&#8217;s Open Interest (OI) fell by 2.26% in the last 24 hours. Interestingly, most top traders, i.e., those with the highest margin balance, continue to be bullish on Bitcoin, as per the Long\/Shorts Ratio.<\/p>\n<p>The &#8220;Extreme Greed&#8221; strengthened from 76 to 78 in the last 24 hours, per the Cryptocurrency Fear &amp; Greed Index, indicating expectations of future upsides.<\/p>\n<p>Top Gainers (24-Hours)<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Cryptocurrency<\/strong><\/td>\n<td><strong>Gains +\/-<\/strong><\/td>\n<td><strong>Price (Recorded at 7:45 p.m. ET)<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Reserve &#8230;<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42306850\/bitcoin-ethereum-dogecoin-power-down-amid-south-korea-political-turmoil-top-analyst-shares-strategy-for-altcoin-h\" alt=\"Bitcoin,\" ethereum dogecoin power down amid south korea political turmoil: analyst shares strategy for altcoin holders avoid chasing fomo take profits>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies traded flat Tuesday even as the stock market closed at new records.\u00a0 Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.35% $95,699.46 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.27% $3,627.03 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.50% $0.4143 What Happened: Bitcoin had a rocky journey, falling to $93,645 in the morning before recovering to $96,000. [&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-3685","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\/3685","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=3685"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3685\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}