{"id":30515,"date":"2025-06-06T04:46:35","date_gmt":"2025-06-06T04:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30515"},"modified":"2025-06-06T04:46:35","modified_gmt":"2025-06-06T04:46:35","slug":"bitcoin-ethereum-dogecoin-drop-as-crypto-market-loses-124-billion-amid-trump-musk-feud-and-mass-liquidations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30515","title":{"rendered":"Bitcoin, Ethereum, Dogecoin Drop As Crypto Market Loses $124 Billion Amid Trump-Musk Feud And Mass Liquidations"},"content":{"rendered":"<div>\n<p>Major cryptocurrencies declined sharply <span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">on Friday, with the total crypto market cap falling 3.77% to $3.18 trillion.\u00a0<strong>Bitcoin<\/strong>\u00a0(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) maintained<\/span> a 63.7% dominance, while <strong>Ethereum<\/strong> (<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">CRYPTO: <\/span>ETH) held a\u00a09.2% market share.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td>Cryptocurrency<\/td>\n<td>Gains +\/-<\/td>\n<td>Price (Recorded at 11.00 p.m. ET)<\/td>\n<\/tr>\n<tr>\n<td>Bitcoin <\/td>\n<td>-2.78%<\/td>\n<td>$102,148<\/td>\n<\/tr>\n<tr>\n<td>Ethereum <\/td>\n<td>-7.18%<\/td>\n<td>$2,435<\/td>\n<\/tr>\n<tr>\n<td><strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<\/td>\n<td>-9.14%<\/td>\n<td>$0.1726<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>What Happened<\/strong>: The selloff coincided with an <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/25\/06\/45805173\/musk-vs-trump-tesla-suffers-record-152b-one-day-crash-as-ceo-warns-tariffs-will-cause-a-recession\">escalating public dispute<\/a> between President <strong>Donald Trump<\/strong> and <strong>Tesla Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/TSLA#NASDAQ\">TSLA<\/a>) CEO<strong> Elon Musk<\/strong> that has rattled both traditional and digital asset markets. <\/p>\n<p>Tesla shares plunged 14.3% on Thursday as Trump threatened to terminate billions in government contracts and subsidies for Musk\u2019s companies, including Tesla and <strong>SpaceX<\/strong>.<\/p>\n<p>The feud began when Musk criticized Trump\u2019s spending bill as a \u201cmassive, outrageous, pork-filled Congressional abomination\u201d on social media. Musk departed his role as senior adviser at the <strong>Department of Government Efficiency<\/strong> just days before the public confrontation escalated.<\/p>\n<p>The <strong>Solana<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>)-based <strong>OFFICIAL TRUMP <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">TRUMP<\/a>) memecoin dropped 9.75% to $9.82 amid the political tensions. Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114634138406622995\">posted<\/a> an &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45807325\/bitcoin-ethereum-dogecoin-drop-as-crypto-market-loses-124-billion-amid-trump-musk-feud-and-\" alt=\"Bitcoin,\" ethereum dogecoin drop as crypto market loses billion amid trump-musk feud and mass liquidations>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Major cryptocurrencies declined sharply on Friday, with the total crypto market cap falling 3.77% to $3.18 trillion.\u00a0Bitcoin\u00a0(CRYPTO: BTC) maintained a 63.7% dominance, while Ethereum (CRYPTO: ETH) held a\u00a09.2% market share. Cryptocurrency Gains +\/- Price (Recorded at 11.00 p.m. ET) Bitcoin -2.78% $102,148 Ethereum -7.18% $2,435 Dogecoin (CRYPTO: DOGE) -9.14% $0.1726 What Happened: The selloff coincided [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30515","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30515"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30515\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}