{"id":75292,"date":"2026-03-06T19:46:38","date_gmt":"2026-03-06T19:46:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75292"},"modified":"2026-03-06T19:46:38","modified_gmt":"2026-03-06T19:46:38","slug":"bitcoin-plunges-4-and-hitting-45000-in-2026-is-a-coinflips-chance-polymarket-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75292","title":{"rendered":"Bitcoin Plunges 4% And Hitting $45,000 In 2026 Is A Coinflip&#8217;s Chance, Polymarket Says"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) dropped below $70,000 on Friday morning after the U.S. economy unexpectedly shed 92,000 jobs in February, and macro analyst <strong>Benjamin Cowen <\/strong>warned the March rally was <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51074762\/bitcoin-surges-7-but-the-march-rally-may-just-be-a-textbook-bull-trap\">a textbook bull trap<\/a> that may now be over.<\/p>\n<h2 class=\"wp-block-heading\">What Happened<\/h2>\n<p>Nonfarm payrolls came in at negative 92,000, far below the 59,000 consensus and a sharp reversal from January\u2019s revised 126,000 gain. Unemployment rose to 4.4%. <\/p>\n<p>The <strong>SPDR S&amp;P 500 ETF Trust<\/strong> <a class=\"ticker-link\" data-ticker=\"SPY\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/SPY\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SPY\">SPY<\/a>) fell below 6,800 as oil headed for its biggest weekly gain since the early days of the Ukraine war.<\/p>\n<p>Cowen argues the Fed is now trapped. <\/p>\n<p>It cannot cut rates aggressively to save the labor market because energy prices are surging amid the Iran conflict. <\/p>\n<p>Job openings per unemployed worker have dropped below 1.0 and the U.S. has &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51108449\/bitcoin-plunges-4-and-hitting-45000-in-2026-is-a-coinflips-chance-polymarket-says?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" plunges and hitting in is a coinflip chance polymarket says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) dropped below $70,000 on Friday morning after the U.S. economy unexpectedly shed 92,000 jobs in February, and macro analyst Benjamin Cowen warned the March rally was a textbook bull trap that may now be over. What Happened Nonfarm payrolls came in at negative 92,000, far below the 59,000 consensus and a sharp [&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-75292","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\/75292","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=75292"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75292\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}