{"id":4321,"date":"2024-12-17T02:16:47","date_gmt":"2024-12-17T02:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4321"},"modified":"2024-12-17T02:16:47","modified_gmt":"2024-12-17T02:16:47","slug":"bitcoin-ethereum-dogecoin-settle-down-amid-growing-talks-of-a-strategic-btc-reserve-top-analyst-sees-prospect-of-apex-crypto-hitting-110k-this-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4321","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Settle Down Amid Growing Talks Of A Strategic BTC Reserve: Top Analyst Sees Prospect Of Apex Crypto Hitting $110K This Week"},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategic <strong>Bitcoin <\/strong>reserve gathered steam.<\/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>-0.10%<\/td>\n<td>$106,072.58<\/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>-0.69%<\/td>\n<td>$3,966.41<\/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>-1.74%<\/td>\n<td>$0.4009<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The world\u2019s largest cryptocurrency broke beyond $107,000 for the first time this afternoon before profit-taking brought it back to $105,000, with a modest increase to $106,000 by evening.<\/p>\n<p>The sentiment was upbeat following reports that President-elect <strong>Donald Trump <\/strong><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42505162\/trump-reportedly-considering-executive-order-to-establish-strategic-bitcoin-reserve\">might pass an executive order<\/a> to create a national Bitcoin stockpile.<\/p>\n<p>Bitcoin was already up 9.11% in December, higher than the historical <a href=\"https:\/\/www.coinglass.com\/today\">average <\/a>of 5.75%, per Coinglass data.<\/p>\n<p>A similar pattern followed for Ethereum, which failed to decisively break over $4,000 and fell to the upper $3,900 range.<\/p>\n<p>In the past 24 hours, 119,098 traders were liquidated, with the total liquidations at $371.44 million. Longs accounted for 60% of the liquidations.<\/p>\n<p>Over 61% of traders on <strong>Binance <\/strong>with open Bitcoin futures positions were short, as per the Long\/Short Ratio, suggesting expectations of a pullback.<\/p>\n<p>A rally to $110,000 would wipe out over $500 million worth of short positions, data &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/12\/42522084\/bitcoin-ethereum-dogecoin-settle-down-amid-growing-talks-of-a-strategic-btc-reserve-top-anal\" alt=\"Bitcoin,\" ethereum dogecoin settle down amid growing talks of a strategic btc reserve: top analyst sees prospect apex crypto hitting this week>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies simmered down Monday after a smashing rally even as speculations around a U.S. strategic Bitcoin reserve gathered steam. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.10% $106,072.58 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.69% $3,966.41 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.74% $0.4009 What Happened: The world\u2019s largest cryptocurrency broke beyond $107,000 for the [&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-4321","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\/4321","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=4321"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4321\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}