{"id":4512,"date":"2024-12-20T02:06:32","date_gmt":"2024-12-20T02:06:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4512"},"modified":"2024-12-20T02:06:32","modified_gmt":"2024-12-20T02:06:32","slug":"bitcoin-ethereum-dogecoin-retreat-further-as-crypto-liquidations-top-1-billion-analyst-lays-out-scenario-for-btc-losing-96k-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4512","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Retreat Further As Crypto Liquidations Top $1 Billion: Analyst Lays Out Scenario For BTC Losing $96K Support"},"content":{"rendered":"<div>\n<p>The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve\u2019s hawkish statements.<\/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>-3.30%<\/td>\n<td>$97,251.29<\/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>-6.08%<\/td>\n<td>$3,425.34<\/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>-12.28%<\/td>\n<td>$0.3159<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin<\/strong> rallied to $102,000 in the early hours but gave up gains as the day progressed, dipping below $96,000 for the first time in over a month.<\/p>\n<p>Similarly, <strong>Ethereum <\/strong>lifted above $3,700 only to crash below $3,400 by late afternoon. The world&#8217;s second-largest cryptocurrency was down over 11% over the week.<\/p>\n<p>Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $860 million.\u00a0<\/p>\n<p>Bitcoin&#8217;s Open Interest plunged 4.24% in the last 24 hours, alongside a drop in spot price. That said, the percentage of <strong>Binance <\/strong>traders taking long positions for the cryptocurrency rose sharply to 61%, against 38% betting against the asset, according to the Long\/Short &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/24\/12\/42608314\/bitcoin-ethereum-dogecoin-retreat-further-as-crypto-liquidations-top-1-billion-analyst-lays-\" alt=\"Bitcoin,\" ethereum dogecoin retreat further as crypto liquidations top billion: analyst lays out scenario for btc losing support>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve\u2019s hawkish statements. Cryptocurrency Gains +\/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -3.30% $97,251.29 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -6.08% $3,425.34 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -12.28% $0.3159 What Happened: Bitcoin rallied to $102,000 in the early hours but gave up gains [&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-4512","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\/4512","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=4512"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4512\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}