{"id":4450,"date":"2024-12-19T02:20:17","date_gmt":"2024-12-19T02:20:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4450"},"modified":"2024-12-19T02:20:17","modified_gmt":"2024-12-19T02:20:17","slug":"bitcoin-ethereum-dogecoin-fall-after-fed-shows-no-interest-for-piling-btc-top-analyst-says-sentiment-shifting-2025-suddenly-looks-a-lot-less-rosy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4450","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Fall After Fed Shows No Interest For Piling BTC: Top Analyst Says Sentiment Shifting \u2014 ‘2025 Suddenly Looks A Lot Less Rosy’"},"content":{"rendered":"
\n

Leading cryptocurrencies tanked Wednesday after the Federal Reserve’s hawkish outlook<\/a> and the central bank\u2019s statement that it has no interest in owning Bitcoin<\/strong>.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 7:45 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-4.94%<\/td>\n$100,644.84<\/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		-5.81%<\/td>\n$3,648.03<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-8.26%<\/td>\n$0.3603<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin<\/strong> plunged sharply through the day but managed to stay above the psychologically crucial $100,000 mark.<\/p>\n

Ethereum’s descent was steeper, as the second-largest cryptocurrency retreated to the $3,600 region following a near 6% drop.<\/p>\n

The slump triggered over $675 million in cryptocurrency liquidations in the last 24 hours, with long liquidations hitting $578 million.<\/p>\n

The decline came following Fed Chair Jerome Powell’s<\/strong> comments during the press conference following the Federal Open Market Committee meeting, where he disclosed that the central bank can’t hold Bitcoin and it wasn’t looking for a law change.<\/p>\n

Bitcoin’s Open Interest dropped 1.1%, however, the number of traders taking long positions for the coin surged above 50%, indicating expectations of a revival.<\/p>\n

Over $1 billion in short positions risked liquidation if Bitcoin recovers to $105,900.<\/p>\n

Market sentiment cooled from “Extreme Greed” to “Greed,” according to the Cryptocurrency Fear & Greed Index, signaling a decline in FOMO.<\/p>\n

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

<\/p>\n\n\n\n
Cryptocurrency<\/strong><\/td>\nGains +\/-<\/strong><\/td>\nPrice (Recorded at …<\/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 tanked Wednesday after the Federal Reserve’s hawkish outlook and the central bank\u2019s statement that it has no interest in owning Bitcoin. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -4.94% $100,644.84 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -5.81% $3,648.03 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -8.26% $0.3603 What Happened: Bitcoin plunged sharply through the day […]<\/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-4450","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\/4450","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=4450"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4450\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}