{"id":4261,"date":"2024-12-16T02:04:35","date_gmt":"2024-12-16T02:04:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4261"},"modified":"2024-12-16T02:04:35","modified_gmt":"2024-12-16T02:04:35","slug":"bitcoin-breaks-106k-ethereum-dogecoin-rally-ahead-of-key-fed-meet-but-top-analyst-triggers-anxiety-with-this-observation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4261","title":{"rendered":"Bitcoin Breaks $106K, Ethereum, Dogecoin Rally Ahead Of Key Fed Meet But Top Analyst Triggers Anxiety With This Observation"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies surged Sunday evening as investors raised risk appetites on strong expectations of another interest rate cut.<\/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 7:30 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>+5.04%<\/td>\n<td>$106,370.44<\/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>+3.51%<\/td>\n<td>$3,992.72<\/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>+2.21%<\/td>\n<td>$0.4033<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>tapped a new all-time high of $106,000, having earlier broken through the $102,000 resistance<\/p>\n<p>Following in its footsteps, <strong>Ethereum <\/strong>rose above $4,000 before pulling back slightly.<\/p>\n<p>Total cryptocurrency liquidations topped $309 million over the last 24 hours, out of which $204 million belonged to leveraged shorts.<\/p>\n<p>The market started to get overleveraged, and any dip below $100,000 would liquidate over $1 billion in long positions.<\/p>\n<p>Bitcoin&#8217;s Open Interest soared by 7.48% in the last 24 hours. A rise in OI, coinciding with a price rally, indicated an influx of fresh money into the derivatives market.<\/p>\n<p>Market sentiment remained in the &#8220;Extreme Greed&#8221; zone, as per the Cryptocurrency Fear &amp; Greed Index,<\/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 7:30 p.m. ET)<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Fantom <\/strong>(FTM)<\/td>\n<td>+20.94%<\/td>\n<td>$1.47<\/td>\n<\/tr>\n<tr>\n<td><strong>Stacks <\/strong>(ETX)<\/td>\n<td>+17.47%<\/td>\n<td>$2.59<\/td>\n<\/tr>\n<tr>\n<td><strong>Ondo <\/strong>(ONDO)<\/td>\n<td>+16.05%<\/td>\n<td>$2.14<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>The global cryptocurrency market capitalization stood at $3.74 trillion, following an increase of 1.92% over &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/12\/42500721\/bitcoin-breaks-106k-ethereum-dogecoin-rally-ahead-of-key-fed-meet-but-top-analyst-triggers-a\" alt=\"Bitcoin\" breaks ethereum dogecoin rally ahead of key fed meet but top analyst triggers anxiety with this observation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies surged Sunday evening as investors raised risk appetites on strong expectations of another interest rate cut. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +5.04% $106,370.44 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +3.51% $3,992.72 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +2.21% $0.4033 What Happened: Bitcoin tapped a new all-time high of $106,000, having earlier broken [&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-4261","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\/4261","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=4261"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4261\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}