{"id":7706,"date":"2025-01-15T02:20:32","date_gmt":"2025-01-15T02:20:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7706"},"modified":"2025-01-15T02:20:32","modified_gmt":"2025-01-15T02:20:32","slug":"bitcoin-ethereum-and-dogecoin-rebound-sharply-on-lighter-inflation-data-top-trader-says-despite-expectations-for-bull-market-to-be-over-its-an-ideal-climate-for-altcoins","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7706","title":{"rendered":"Bitcoin, Ethereum, And Dogecoin Rebound Sharply On Lighter Inflation Data: Top Trader Says Despite Expectations For Bull Market To Be Over, It&#8217;s An Ideal Climate For Altcoins."},"content":{"rendered":"<div>\n<p>Leading cryptocurrencies charged higher Tuesday amid softer-than-expected wholesale inflation data.<\/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 7:30 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>+2.53%<\/td>\n<td>$97,071.13<\/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>+2.83%<\/td>\n<td>$3,219.18<\/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>+5.58%<\/td>\n<td>$0.3576<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: <strong>Bitcoin <\/strong>soared to a weekly high of $97,350 early this morning, holding on to its gains for the remainder of the day.\u00a0<\/p>\n<p>The dramatic turnaround comes just a day after the leading cryptocurrency slipped below $90,000 for the first time since November 2024.<\/p>\n<p><strong>Ethereum<\/strong>, the second-largest cryptocurrency, reclaimed the $3,200 zone a day after dipping below $3,000.\u00a0<\/p>\n<p>About $185 million were liquidated from the cryptocurrency market in the last 24 hours, with bearish bets accounting for $122 million.\u00a0<\/p>\n<p>The percentage of Binance traders going long on Bitcoin dipped from 62% to 55% in the last 24 hours, suggesting that the market was bracing for another correction.<\/p>\n<p>The &#8220;Greed&#8221; sentiment strengthened from 63 to 70 in the last 24 hours, according to the Crypto Fear &amp; Greed Index<\/p>\n<p><strong>Top &#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/01\/42993297\/bitcoin-ethereum-and-dogecoin-rebound-sharply-on-lighter-inflation-data-top-trader-says-desp\" alt=\"Bitcoin,\" ethereum and dogecoin rebound sharply on lighter inflation data: top trader says despite expectations for bull market to be over it an ideal climate altcoins.>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading cryptocurrencies charged higher Tuesday amid softer-than-expected wholesale inflation data. Cryptocurrency Gains +\/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) +2.53% $97,071.13 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +2.83% $3,219.18 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +5.58% $0.3576 What Happened: Bitcoin soared to a weekly high of $97,350 early this morning, holding on to its gains for the remainder [&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-7706","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\/7706","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=7706"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7706\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}