{"id":46943,"date":"2025-09-11T06:46:43","date_gmt":"2025-09-11T06:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46943"},"modified":"2025-09-11T06:46:43","modified_gmt":"2025-09-11T06:46:43","slug":"dogecoin-leads-gain-bitcoin-pops-to-114k-as-m2-setup-opens-btc-catchup-trade","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46943","title":{"rendered":"Dogecoin Leads Gain, Bitcoin Pops to $114K as M2 Setup Opens BTC Catchup Trade"},"content":{"rendered":"
\n

Bitcoin (BTC) traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week.<\/p>\n

Ether (ETH) was up 2.4% to $4,400, XRP (XRP) rose above $3, BNB Chain\u2019s BNB (BNB)neared $900 and Solana\u2019s SOL (SOL) gained nearly 3%. Dogecoin (DOGE) outperformed with a 5% daily gain that extended a weeklong move higher to 15.9%.<\/p>\n

A valuation trend is catching attention among some traders. CF Benchmarks said in a report earlier this week that suggested bitcoin is trading below its fair value range when mapped against U.S. M2 growth.<\/p>\n

The firm noted that the gap between M2 expansion and the BTC price is as wide as at any time since August 2024, which has turned into a strong entry point. Similar divergences in 2016, 2019, and 2021 preceded notable upside.<\/p>\n

Over the past decade, BTC has shown a positive correlation with M2, with monetary growth typically leading price by roughly three months. If that historical relationship holds, liquidity tailwinds later in Q4 could favor a push higher.<\/p>\n

Tactically, bulls still have levels to reclaim.<\/p>\n

\u201cBitcoin continues to attract buyers on intraday dips, forming a smooth and rather fragile uptrend, with the main battle now around $112K,\u201d said Alex Kuptsikevich, chief market analyst at FxPro, in an email to CoinDesk. <\/p>\n

\u201cThe real test sits near $115K, just above the 50-day moving average. Staying above it would signal a return to optimism, but for now BTC is lagging stocks at record highs,\u201dKuptsikevich added.<\/p>\n

Options desks report firmer demand for protection ahead of this week\u2019s U.S. inflation data, consistent with neutral-to-bearish positioning in the short term.<\/p>\n

Meanwhile, SOL\u2019s bid has tracked a steady rise in TVL to a record $12.2 billion, up 57% since June, while memecoins captured fresh flows. Analysts floating $300 SOL targets tie the call to persistent activity and on-chain liquidity, though follow-through likely depends on broader risk appetite.<\/p>\n

The macro calendar can still spoil the party, however, as U.S CPI figures are due later on Thursday. A cooler trajectory would strengthen the case for a near-term Fed cut and a softer dollar, typically supportive for bitcoin and the broader crypto market.<\/p>\n

Read more: Bitcoin, Ether ETFs Post Positive Flows as Prices Rebound<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week. Ether (ETH) was up 2.4% to $4,400, XRP (XRP) rose above $3, BNB Chain\u2019s BNB (BNB)neared $900 and Solana\u2019s SOL (SOL) gained nearly 3%. Dogecoin (DOGE) outperformed with a 5% daily gain […]<\/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-46943","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\/46943","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=46943"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46943\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}