{"id":4440,"date":"2024-12-18T20:47:45","date_gmt":"2024-12-18T20:47:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4440"},"modified":"2024-12-18T20:47:45","modified_gmt":"2024-12-18T20:47:45","slug":"bitcoin-ethereum-xrp-dogecoin-plummet-despite-anticipated-25-basis-point-rate-cut","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4440","title":{"rendered":"Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut"},"content":{"rendered":"<div>\n<p>Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in <a href=\"https:\/\/www.benzinga.com\/news\/econ-s\/24\/12\/42561549\/fed-slashes-interest-rates-by-0-25-as-predicted-december-dot-plot-flags-only-2-potential-cuts-in-2025\">its latest FOMC meet<\/a>.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Cryptocurrency<\/strong><\/td>\n<td><strong>Price\u00a0\u00a0\u00a0<\/strong><\/td>\n<td><strong>Gains +\/-<\/strong><\/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>\u00a0$102,173.74<\/td>\n<td>-3.9%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>)<\/td>\n<td>\u00a0$3,714.81<\/td>\n<td>-5.5%<\/td>\n<\/tr>\n<tr>\n<td><strong>Solana<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>)<\/td>\n<td>\u00a0$210.29<\/td>\n<td>-7.3%<\/td>\n<\/tr>\n<tr>\n<td><strong>XRP <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>)<\/td>\n<td>\u00a0$2.36<\/td>\n<td>-9.3%<\/td>\n<\/tr>\n<tr>\n<td><strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<\/td>\n<td>\u00a0$0.3654<\/td>\n<td>-8.4%<\/td>\n<\/tr>\n<tr>\n<td><strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>)<\/td>\n<td>\u00a0$0.00002458<\/td>\n<td>-8.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Notable Statistics:<\/strong><\/p>\n<ul>\n<li>IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%. Transactions greater than $100,000 are down from 16,509 to 14,557 in a single day. Exchanges netflows are up by 94%.<\/li>\n<li>Coinglass data reports 148,690 traders were liquidated in the past 24 hours for $367.69 million.<\/li>\n<li>Crypto chart analyst Ali Martinez noted that in last three FOMC meetings, BTC dominance dropped and altcoins rebounded. He is <a href=\"https:\/\/x.com\/ali_charts\/status\/1869423378710614085\">curious<\/a> to see what happens now.<\/li>\n<\/ul>\n<p><strong>Notable Developments:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42560364\/hong-kong-approves-four-new-crypto-exchanges-positioning-itself-as-a-key-hub-expert-says\">Hong Kong Approves Four New Crypto Exchanges, &#8230;<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42562916\/bitcoin-ethereum-xrp-dogecoin-plummet-despite-anticipated-25-basis-point-rate-cut\" alt=\"Bitcoin,\" ethereum xrp dogecoin plummet despite anticipated basis point rate cut>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price\u00a0\u00a0\u00a0 Gains +\/- Bitcoin (CRYPTO: BTC) \u00a0$102,173.74 -3.9% Ethereum (CRYPTO: ETH) \u00a0$3,714.81 -5.5% Solana (CRYPTO: SOL) \u00a0$210.29 -7.3% XRP (CRYPTO: XRP) \u00a0$2.36 -9.3% Dogecoin (CRYPTO: DOGE) \u00a0$0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) \u00a0$0.00002458 [&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-4440","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\/4440","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=4440"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4440\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}