{"id":536,"date":"2024-10-01T19:16:51","date_gmt":"2024-10-01T19:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=536"},"modified":"2024-10-01T19:16:51","modified_gmt":"2024-10-01T19:16:51","slug":"are-crypto-stocks-still-worth-watching-as-bitcoin-consolidates","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=536","title":{"rendered":"Are Crypto Stocks Still Worth Watching as Bitcoin Consolidates?"},"content":{"rendered":"<div>\n<p>Not too long ago, crypto-related stocks generated buzz as <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) surged to new heights. These stocks gained significant popularity due to the excitement surrounding digital currencies and media attention. However, in recent times, crypto stocks have become less of a focus, even as Bitcoin hovers near crucial resistance levels, signaling a potential breakout.<\/p>\n<p>So, is the value and hype no longer present in these once-popular crypto stocks? Or should investors keep them on their radar, even though the excitement seems to have diminished?<\/p>\n<p>Let&#8217;s examine two prominent crypto-related stocks and their performance compared to Bitcoin&#8217;s recent moves.<\/p>\n<h2><strong>Bitcoin&#8217;s Recent Performance: Stable Consolidation Near Key Levels<\/strong><\/h2>\n<p>While Bitcoin has traded mostly sideways for the past six months, showing an 8.7% decline during this period, it remains up 143% over the past year and 44% YTD. Although its recent consolidation near its all-time highs near $73,000 has subdued media interest, this major breakout level could spark a significant upward move if breached.<\/p>\n<p>One potential reason for less interest in crypto-related stocks could be the rise of Bitcoin &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41117706\/are-crypto-stocks-still-worth-watching-as-bitcoin-consolidates\" alt=\"Are\" crypto stocks still worth watching as bitcoin consolidates>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Not too long ago, crypto-related stocks generated buzz as Bitcoin (CRYPTO: BTC) surged to new heights. These stocks gained significant popularity due to the excitement surrounding digital currencies and media attention. However, in recent times, crypto stocks have become less of a focus, even as Bitcoin hovers near crucial resistance levels, signaling a potential breakout. [&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-536","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\/536","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=536"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/536\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}