{"id":43599,"date":"2024-12-11T11:20:31","date_gmt":"2024-12-11T05:50:31","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=43599"},"modified":"2024-12-11T11:20:41","modified_gmt":"2024-12-11T05:50:41","slug":"11-december-2024","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/market-analysis\/11-december-2024\/","title":{"rendered":"Crypto Market Analysis | 11 December 2024"},"content":{"rendered":"\n<p>Crypto markets tumbled after Microsoft shareholders rejected a proposal to diversify into Bitcoin, sparking a wave of selling pressure. Bitcoin slipped below the $95K mark, dragging several altcoins deeper into the red. Over $500M worth of leveraged positions, primarily longs, were liquidated within 24 hours.&nbsp;<\/p>\n\n\n\n<p>Ethereum dropped to the $3,500 range, with many altcoins seeing double-digit losses. The Greed &amp; Fear Index eased to 74, reflecting a market reset amid the broader correction. In contrast, MARA Holdings boosted its Bitcoin reserves with a $1.1B purchase, reaching an industry-first 50 EH\/s hashrate, though its shares still closed down 4.4%.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto markets tumbled after Microsoft shareholders rejected a proposal to diversify into Bitcoin, sparking a wave of selling pressure. Bitcoin slipped below the $95K mark, dragging several altcoins deeper into the red. Over $500M worth of leveraged positions, primarily longs, were liquidated within 24 hours.&nbsp; Ethereum dropped to the $3,500 range, with many altcoins seeing [&hellip;]<\/p>\n","protected":false},"author":93,"featured_media":43600,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[483,14776],"class_list":["post-43599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-bitcoin","tag-crypto-market-analysis"],"acf":{"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk.","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=43599"}],"version-history":[{"count":4,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43599\/revisions"}],"predecessor-version":[{"id":43608,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43599\/revisions\/43608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/43600"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=43599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=43599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=43599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}