{"id":4164,"date":"2024-12-13T02:05:30","date_gmt":"2024-12-13T02:05:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4164"},"modified":"2024-12-13T02:05:30","modified_gmt":"2024-12-13T02:05:30","slug":"bitcoin-dogecoin-slide-ethereum-gains-amid-hotter-than-expected-inflation-data-top-analyst-says-its-onwards-and-upwards-for-altcoins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4164","title":{"rendered":"Bitcoin, Dogecoin Slide, Ethereum Gains Amid Hotter-Than-Expected Inflation Data: Top Analyst Says Its ‘Onwards And Upwards’ For Altcoins"},"content":{"rendered":"
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Bitcoin <\/strong>gave up early gains, but Ethereum was on the move on Thursday as fresh inflation data slashed expectations of interest rate cuts.<\/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-0.59%<\/td>\n$100,315.71<\/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		+1.89%<\/td>\n$3,900.97<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-0.80%<\/td>\n$0.4088<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>soared to $102,250 in early trading after President-elect Donald Trump<\/strong> shared positive thoughts<\/a> on the cryptocurrency after ringing the New York Stock Exchange opening bell.\u00a0<\/p>\n

However, profit-takers took control as the digital asset reversed direction, plunging below $99,000 in the next two hours.<\/p>\n

Ethereum maintained a healthier trajectory, rising to an intraday high of $3,986 before a pullback to $3,837.<\/p>\n

Total cryptocurrency liquidations exceeded $318 million in the last 24 hours, with nearly $200 million in upside bets getting erased.<\/p>\n

Bitcoin’s Open Interest rose by 1.36% in the last 24 hours. A rise in OI, coinciding with a price drop, indicated an increase in short positions.<\/p>\n

The Long\/Short Ratio lent credence to this narrative, as downside bets surpassed bullish bets over the last …<\/p>\n

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

Bitcoin gave up early gains, but Ethereum was on the move on Thursday as fresh inflation data slashed expectations of interest rate cuts. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.59% $100,315.71 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +1.89% $3,900.97 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.80% $0.4088 What Happened: Bitcoin soared to $102,250 in 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-4164","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\/4164","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=4164"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4164\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}