{"id":4043,"date":"2024-12-11T02:16:56","date_gmt":"2024-12-11T02:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4043"},"modified":"2024-12-11T02:16:56","modified_gmt":"2024-12-11T02:16:56","slug":"bitcoin-ethereum-dogecoin-mirror-stock-declines-ahead-of-crucial-inflation-data-release-top-analyst-says-buy-the-dip-predicts-275k-btc-target","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4043","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Mirror Stock Declines Ahead Of Crucial Inflation Data Release: Top Analyst Says ‘Buy The Dip,’ Predicts $275K BTC Target"},"content":{"rendered":"
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Leading cryptocurrencies and stocks slumped for a second straight day on Tuesday as investors awaited the release of a key inflation report.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 7:30 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-1.87%<\/td>\n$96,200.49<\/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		-4.59%<\/td>\n$3,601.65<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-3.92%<\/td>\n$0.3943<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>plunged to $94,300 in the early trading hours but pared losses by rebounding above $96,000 overnight.<\/p>\n

Ethereum <\/strong>followed a similar trajectory, plunging from $3,750 to $3.522 before recouping some losses in the second half.<\/p>\n

Cryptocurrency liquidations exceeded $625 million in the last 24 hours, with long liquidations accounting for $484 million.\u00a0<\/p>\n

Over $700 million in longs further risked liquidation if Bitcoin pulls back to $90,000. On the contrary, a spike to $100,000 would wipe out $719 million worth of short positions.<\/p>\n

Bitcoin’s Open Interest fell by 3.33% in the last 24 hours, while the number of traders longing the asset also fell, as evidenced by the drop in the Long\/Short ratio.<\/p>\n

Market sentiment remained in the “Greed” zone, as per the Cryptocurrency Fear & Greed Index<\/p>\n

Top Gainers (24-Hours)<\/p>\n

<\/p>\n\n\n\n
Cryptocurrency<\/strong><\/td>\nGains …<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

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

Leading cryptocurrencies and stocks slumped for a second straight day on Tuesday as investors awaited the release of a key inflation report. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -1.87% $96,200.49 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -4.59% $3,601.65 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -3.92% $0.3943 What Happened: Bitcoin plunged to $94,300 in the early […]<\/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-4043","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\/4043","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=4043"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4043\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}