{"id":9869,"date":"2025-01-27T13:33:11","date_gmt":"2025-01-27T13:33:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9869"},"modified":"2025-01-27T13:33:11","modified_gmt":"2025-01-27T13:33:11","slug":"bitcoin-flash-crashes-to-98000-on-china-ai-fears-trump-disappointment","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9869","title":{"rendered":"Bitcoin Flash-Crashes To $98,000 On China AI Fears, Trump Disappointment"},"content":{"rendered":"
\n

Bitcoin <\/strong>(CRYPTO: BTC<\/a>) on Monday morning briefly tumbled below the $98,000 mark experiencing a significant drop of over 7%, alongside a wider tech sector sell-off.<\/a>.<\/p>\n

The apex cryptocurrency made a low of $97,791 on Monday morning, before rebounding above $100,000 at the time of writing.<\/p>\n

Among other major cryptocurrencies, Solana <\/strong>(CRYPTO: SOL<\/a>), BNB <\/strong>(CRYPTO: BNB<\/a>) and Dogecoin <\/strong>(CRYPTO: DOGE<\/a>) are trading down 11.5%, 4.4% and 11% respectively, according to data from CoinGecko.<\/p>\n

What Happened: <\/strong>In a note sent to Benzinga, Geoffrey Kendrick<\/strong> of Standard Chartered<\/strong> said a 3% decline in Nasdaq futures has driven the digital assets liquidation overnight.<\/p>\n

Kendrick emphasized that Bitcoin\u2019s correlation with the Nasdaq is significantly stronger than its correlation with gold. <\/p>\n

He noted that if the Nasdaq sell-off continues, particularly ahead of this week\u2019s earnings releases, Bitcoin could approach a critical support level, specifically the average purchase level for Bitcoin ETFs since the presidential election, which now stands at $96,400.<\/p>\n

According to data<\/a> from CoinGlass<\/strong>, …<\/p>\n

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

Bitcoin (CRYPTO: BTC) on Monday morning briefly tumbled below the $98,000 mark experiencing a significant drop of over 7%, alongside a wider tech sector sell-off.. The apex cryptocurrency made a low of $97,791 on Monday morning, before rebounding above $100,000 at the time of writing. Among other major cryptocurrencies, Solana (CRYPTO: SOL), BNB (CRYPTO: BNB) […]<\/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-9869","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\/9869","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=9869"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9869\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}