{"id":8264,"date":"2025-01-17T16:01:54","date_gmt":"2025-01-17T16:01:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8264"},"modified":"2025-01-17T16:01:54","modified_gmt":"2025-01-17T16:01:54","slug":"bitcoin-spikes-to-104000-traders-eye-130000-target-in-late-january","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8264","title":{"rendered":"Bitcoin Spikes To $104,000, Traders Eye $130,000 Target In Late January"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has surged past the $104,000 mark, propelled by a mix of renewed optimism <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43035888\/donald-trump-reportedly-open-to-us-crypto-reserve-as-bitcoin-reserve-chatter-gathers-steam\">surrounding the incoming US administration<\/a> and strong market sentiment, according to experts.<\/p>\n<p><strong>What Happened: <\/strong>According to Coingecko data, the cryptocurrency briefly hit $104,279 and is trading at $103,791 at the time of writing, up 5.6% on the day.<\/p>\n<p>Market analysts point to the incoming <strong><strong>Donald Trump<\/strong><\/strong> administration&#8217;s <a href=\"https:\/\/www.benzinga.com\/25\/01\/43047039\/trump-planning-to-declare-cryptocurrency-as-national-priority-increase-engagement-with-industry-report\">potential embrace of crypto<\/a>, as well as high levels of buyer interest to explain the latest jump.<\/p>\n<p>The wider crypto market is also experiencing considerable gains, with <strong>Ethereum<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) trading at $3,418, after earlier reaching $3,431.<\/p>\n<p>Numerous altcoins are showing substantial growth with <strong>Solana <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>), <strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>), <strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) and <strong>Litecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ltc\/usd\">LTC<\/a>) rising by 5%, 7%, 8%, and 12% respectively.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43053129\/bitcoin-miners-consolidate-power-12-firms-now-control-30-of-network-hash-rate\">Bitcoin Miners Consolidate Power: 12 Firms Now Control 30% Of Network Hash Rate<\/a><\/strong><\/p>\n<p><strong>Why It Matters: <\/strong>The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43059401\/bitcoin-spikes-to-104000-traders-eye-130000-target-in-late-january\" alt=\"Bitcoin\" spikes to traders eye target in late january>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has surged past the $104,000 mark, propelled by a mix of renewed optimism surrounding the incoming US administration and strong market sentiment, according to experts. What Happened: According to Coingecko data, the cryptocurrency briefly hit $104,279 and is trading at $103,791 at the time of writing, up 5.6% on the day. Market [&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-8264","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\/8264","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=8264"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8264\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}