Bitcoin, Ethereum, XRP, Dogecoin Extend Losses After Trump-Musk Fallout
Posted On June 6, 2025
Crypto markets continue to slide on Friday morning, with mounting macroeconomic pressure and fallout from the rift between Elon Musk and Donald Trump adding to investor unease.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $103,741.51 | -0.9% |
Ethereum (CRYPTO: ETH) | $2,483.50 | -4.4% |
Solana (CRYPTO: SOL) | $148.54 | -2.2% |
XRP (CRYPTO: XRP) | $2.15 | -2.2% |
Dogecoin (CRYPTO: DOGE) | $0.1765 | -6.4% |
Shiba Inu (CRYPTO: SHIB) | $0.00001237 | -3.2% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin large transaction volume decreased by 3.6%, while Ethereum saw a 27.8% increase. ETH’s daily active addresses remained relatively flat, BTC saw a 5.6% jump.
- Coinglass data shows 218,488 traders were liquidated in the past 24 hours for $979.20 million.
- SoSoValue data shows net outflows of $278.4 million into spot Bitcoin ETFs. Spot Ethereum ETFs saw net inflows of $11.26 million.
Trader Notes: CoinBureau co-founder and …