From Investing.com: 2024-04-13 07:30:23

Billy Markus, co-creator of meme cryptocurrency, known as “Shibetoshi Nakamoto,” shared a sarcastic take on the recent crypto market crash. When DOGE fell by over 19%, Markus made a comment triggering support from the DOGE community.

Markus tweeted a screenshot showing BTC and ETH in a major correction, along with DOGE and the S&P 500 sinking into the red. His tweet sarcastically stated, “oh no everything died we are dead,” highlighting his view on the unpredictable nature of crypto trading.

Bitcoin plummeted from $70,000 to $67,490, losing 7% of its value, while Ethereum dropped over 10% from $3,525 to $3,161. Approximately $735 million worth of cryptocurrencies was liquidated in the market within 24 hours.

DOGE crashed by slightly over 19%, hitting $0.1610 before attempting to recover to $0.1712. The crash comes right before the fourth BTC halving scheduled for April 21, where Bitcoin rewards per block will be reduced to 3.125 BTC, leading to expectations of price surges.

Read more at Investing.com: Dogecoin Founder’s Comment on Crypto Market Crash Stirs DOGE Community By U.Today