{"id":8551,"date":"2025-01-20T03:17:09","date_gmt":"2025-01-20T03:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8551"},"modified":"2025-01-20T03:17:09","modified_gmt":"2025-01-20T03:17:09","slug":"bitcoin-ethereum-dogecoin-plunge-as-official-trump-memecoin-loses-way-analyst-says-great-times-are-ahead-for-these-coins-as-dollar-index-weakens","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8551","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Plunge As Official Trump Memecoin Loses Way: Analyst Says ‘Great Times Are Ahead’ For These Coins As Dollar Index Weakens"},"content":{"rendered":"
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Leading cryptocurrencies fell sharply Sunday evening amid the launch of meme coins tied to President-elect Donald Trump<\/strong> and his family.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 8:30 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n-3.89%<\/td>\n$100,239.24<\/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		-4.61%<\/td>\n$3,189.30<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n-12.44%<\/td>\n$0.3505<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin <\/strong>plummeted from $106,180 to $99,622 in three hours, eroding $130 billion worth of investors’ wealth.<\/p>\n

Similarly, Ethereum <\/strong>tanked from $3,414 to $3,150, marking a 4.61% decline in the last 24 hours.<\/p>\n

The broader market slump coincided with a significant drop<\/a> in the OFFICIAL TRUMP<\/strong> token launched a couple of days ago.\u00a0<\/p>\n

The enthusiasm linked with the coin evolved into negativity as incoming First Lady Melania Trump launched her own meme coin on Sunday.<\/p>\n

Over $1 billion was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $925 million.<\/p>\n

Bitcoin’s Open Interest fell 2.05% in the last 24 hours to $66.77 billion. That said, the majority of derivatives traders were bullish on the asset, as indicated by the Long\/Short Ratio.<\/p>\n

That said, more than half of derivatives traders on Binance placed short bets on Bitcoin, expecting a correction.<\/p>\n

The market sentiment entered …<\/p>\n

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

Leading cryptocurrencies fell sharply Sunday evening amid the launch of meme coins tied to President-elect Donald Trump and his family. Cryptocurrency Gains +\/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -3.89% $100,239.24 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -4.61% $3,189.30 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -12.44% $0.3505 What Happened: Bitcoin plummeted from $106,180 to $99,622 in three hours, […]<\/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-8551","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\/8551","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=8551"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8551\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}