{"id":11389,"date":"2025-02-05T02:31:52","date_gmt":"2025-02-05T02:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11389"},"modified":"2025-02-05T02:31:52","modified_gmt":"2025-02-05T02:31:52","slug":"bitcoin-ethereum-dogecoin-drops-as-trumps-crypto-czar-announces-oversight-committee-eric-trump-says-great-time-to-add-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11389","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Drops As Trump’s ‘Crypto Czar’ Announces Oversight Committee: Eric Trump Says ‘Great Time’ To Add ETH"},"content":{"rendered":"
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Major cryptocurrencies declined sharply on Tuesday following the announcement of a new regulatory oversight committee, with total market liquidations reaching nearly $485 million in the past 24 hours.<\/p>\n

<\/p>\n\n\n\n\n\n\n
Cryptocurrency<\/td>\nGains +\/-<\/td>\nPrice (Recorded at 8.15 p.m. ET)<\/td>\n<\/tr>\n
Bitcoin<\/strong> (CRYPTO: BTC<\/a>)<\/td>\n-2.96%<\/td>\n$98,240.17<\/td>\n<\/tr>\n
Ethereum<\/strong> (CRYPTO: ETH<\/a>)<\/td>\n-4.15%<\/td>\n$2,735.57<\/td>\n<\/tr>\n
Dogecoin<\/strong> (CRYPTO: DOGE<\/a>)<\/td>\n-7.19%<\/td>\n$0.2649<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

What Happened<\/strong>: The leading cryptocurrency dropped to $97,924.27, its lowest level in the last 24 hours of trading, while the broader crypto market capitalization fell 2.92% to $3.23 trillion. <\/p>\n

The decline coincided with newly appointed \u201cCrypto Czar\u201d David Sacks<\/strong> announcing the formation of a bipartisan, bicameral committee to establish a regulatory framework for digital assets<\/a>.<\/p>\n

Ethereum also experienced downward pressure despite social media attention from Eric Trump,<\/strong> who suggested on X that \u201cit\u2019s a great time to add $ETH.\u201d <\/p>\n

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In my opinion, it’s a great time to add $ETH<\/a>.<\/p>\n

\u2014 Eric Trump (@EricTrump) February 3, 2025<\/a><\/p>\n<\/blockquote>\n