{"id":8988,"date":"2025-01-22T02:33:07","date_gmt":"2025-01-22T02:33:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8988"},"modified":"2025-01-22T02:33:07","modified_gmt":"2025-01-22T02:33:07","slug":"bitcoin-ethereum-rally-amid-secs-plans-to-establish-crypto-regulations-top-trader-issues-300000-target-for-btc-this-cycle","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8988","title":{"rendered":"Bitcoin, Ethereum Rally Amid SEC’s Plans To Establish Crypto Regulations: Top Trader Issues $300,000 Target For BTC This Cycle"},"content":{"rendered":"
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Leading cryptocurrencies surged Tuesday after the SEC under President Donald Trump<\/strong> launched a dedicated cryptocurrency task force.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 8:00 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin <\/strong>(CRYPTO: BTC<\/a>)<\/td>\n+4.61%<\/td>\n$105,950.10<\/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		+3.83%<\/td>\n$3,353.90<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/strong><\/td>\n+3.45%<\/td>\n$0.3707<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: Bitcoin<\/strong> sailed above $107,000 during U.S. afternoon hours, following Day 1 of Trump’s presidency, which made no mention of cryptocurrencies.<\/p>\n

Profit-taking pulled the apex digital asset to the $105,000 zone in overnight trading.<\/p>\n

Ethereum<\/strong> also made strides, rising to an intraday high of $3,360.<\/p>\n

The recovery coincided with the formation of a dedicated task force by SEC’s Acting Chair, Mark Uyeda<\/strong>, intending to develop a clear regulatory framework for the cryptocurrency industry.<\/p>\n

The uptick hit traders betting on price declines in futures markets, with about $133 million in short positions getting liquidated.<\/p>\n

Bitcoin’s Open Interest jumped 4.71% in the last 24 hours. An increase in Open Interest, coinciding with an increase in the spot price, indicated an influx of new money into the derivatives.<\/p>\n

That said, the number of traders shorting Bitcoin rose in comparison to those betting on a price increase, according …<\/p>\n

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

Leading cryptocurrencies surged Tuesday after the SEC under President Donald Trump launched a dedicated cryptocurrency task force. Cryptocurrency Gains +\/- Price (Recorded at 8:00 p.m. ET) Bitcoin (CRYPTO: BTC) +4.61% $105,950.10 Ethereum (CRYPTO: ETH)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +3.83% $3,353.90 Dogecoin (CRYPTO: DOGE)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 +3.45% $0.3707 What Happened: Bitcoin sailed above $107,000 during U.S. afternoon hours, following Day 1 of […]<\/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-8988","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\/8988","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=8988"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8988\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}