{"id":6746,"date":"2025-01-09T04:04:07","date_gmt":"2025-01-09T04:04:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6746"},"modified":"2025-01-09T04:04:07","modified_gmt":"2025-01-09T04:04:07","slug":"bitcoin-ethereum-dogecoin-drop-after-fed-minutes-casts-shadow-over-interest-rate-cuts-top-analyst-says-btc-must-claim-100k-to-overcome-bearish-outlook","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6746","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Drop After Fed Minutes Casts Shadow Over Interest Rate Cuts: Top Analyst Says BTC Must Claim $100K To Overcome Bearish Outlook"},"content":{"rendered":"
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Leading cryptocurrencies dropped further on Wednesday as Federal Reserve minutes painted a bearish outlook for risk-on assets.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 10:15 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-2.27%<\/td>\n$94,545.96<\/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		-1.40%<\/td>\n$3,329.12<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-2.20%<\/td>\n$0.3402<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>dipped below $93,000 during the afternoon hours before swinging back above $94,000 overnight.<\/p>\n

The leading cryptocurrency has corrected sharply from the highs of $102,000 hit earlier in the week.<\/p>\n

Ethereum<\/strong> fell to an intraday low of $3,209, its lowest since Dec. 20.\u00a0<\/p>\n

The downtrend triggered liquidations of over $539 million in the last 24 hours, with more than $400 million in upside bets getting wiped out.<\/p>\n

Bitcoin’s Open Interest dropped 3.21% in the last 24 hours. A drop in Open Interest, coming alongside a drop in price, also indicated the liquidation of long positions.\u00a0<\/p>\n

Despite this, over 63% of traders on Binance were going long, according to the Long\/Short Ratio, suggesting that they were buying the dip.<\/p>\n

The market …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Leading cryptocurrencies dropped further on Wednesday as Federal Reserve minutes painted a bearish outlook for risk-on assets. Cryptocurrency Gains +\/- Price (Recorded at 10:15 p.m. ET) Bitcoin (CRYPTO: BTC) -2.27% $94,545.96 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.40% $3,329.12 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -2.20% $0.3402 What Happened: Bitcoin dipped below $93,000 during the afternoon hours before swinging back above […]<\/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-6746","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\/6746","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=6746"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6746\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}