Dogecoin co-founder jokes about Bitcoin price drop, overall crypto market down, Dogecoin fell 12%.

From Investing.com

January 8, 2025 2:00:28 pm:

Dogecoin co-founder Billy Markus jokingly attributes Bitcoin’s 5% price drop to it eating “fast food.” The overall crypto market cap fell 6.28% to $3.35 trillion, with Bitcoin down 5.61% at $95,607. Dogecoin plummeted nearly 12% amid broader market sell-off. Over $711 million in liquidations reported across assets.

Bitcoin’s recent decline mirrors wider market downturn, with $711 million in liquidations. Bitcoin hit $102,735 on Monday, but dropped to $96,105 on Tuesday amid U.S. stock sell-off. Yield surged on strong economic data, including a high price-paid measure. Bitcoin fell to $95,222 on Wednesday below daily SMA 50.

Investors await labor data and Fed meeting minutes.

Read more at Investing.com: Dogecoin Founder Comments on Bitcoin Price Crash: Details By U.Today