{"id":4473,"date":"2024-12-19T13:01:33","date_gmt":"2024-12-19T13:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4473"},"modified":"2024-12-19T13:01:33","modified_gmt":"2024-12-19T13:01:33","slug":"bitcoin-price-rebounds-above-102000-after-fed-meeting-calamity-why-is-btc-going-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4473","title":{"rendered":"Bitcoin Price Rebounds Above $102,000 After Fed Meeting Calamity: Why Is BTC Going Up?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has rebounded to $102,250 after taking a nosedive on Thursday following <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42563299\/feds-powell-shocks-markets-its-a-new-phase-were-significantly-closer-to-neutral\">the FOMC meeting<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> Bitcoin cratered from above $105,000 before Thursday\u2019s trading session to a low of $98,839 during U.S. night time hours. <\/p>\n<p>It has since rebounded and is down 2.5% over the past 24 hours.<\/p>\n<p>Crypto chart analyst Ali Martinez explained in an <strong>X<\/strong> <a href=\"https:\/\/x.com\/ali_charts\/status\/1869520970832138261\">post<\/a> following the Fed meeting that the reaction wasn&#8217;t due to the 25-bps rate cut, which was largely expected, but rather concerns over persistent inflation and the possibility of prolonged elevated interest rates.<\/p>\n<p>Despite the negative sentiment, Martinez advised traders to \u201ckeep calm, don&#8217;t &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42575483\/bitcoin-price-rebounds-above-102000-after-fed-meeting-calamity-why-is-btc-going-up\" alt=\"Bitcoin\" price rebounds above after fed meeting calamity: why is btc going up>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has rebounded to $102,250 after taking a nosedive on Thursday following the FOMC meeting. What Happened: Bitcoin cratered from above $105,000 before Thursday\u2019s trading session to a low of $98,839 during U.S. night time hours. It has since rebounded and is down 2.5% over the past 24 hours. Crypto chart analyst Ali [&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-4473","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\/4473","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=4473"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4473\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}