{"id":99074,"date":"2026-06-07T00:18:03","date_gmt":"2026-06-07T00:18:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=99074"},"modified":"2026-06-07T00:18:03","modified_gmt":"2026-06-07T00:18:03","slug":"coinbase-ceo-brian-armstrong-defends-bitcoin-as-the-price-crashes","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=99074","title":{"rendered":"Coinbase CEO Brian Armstrong Defends Bitcoin as the Price Crashes"},"content":{"rendered":"
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Bitcoin <\/strong>(CRYPTO: <\/a>BTC<\/a>) and most altcoins like Ethereum <\/strong>(CRYPTO: <\/a>ETH<\/a>), Cardano <\/strong>(CRYPTO: <\/a>ADA<\/a>), and Ripple <\/strong>(CRYPTO: <\/a>XRP<\/a>) prices have crashed, erasing over $2 trillion dollars in value in the past two years.\u00a0<\/p>\n

The crypto market crash intensified this week, with Bitcoin moving slightly below the key support of $60,000. Ethereum dropped to $1,500, while XRP is approaching the important support level at $1.0.<\/p>\n

Brian Armstrong Defends Bitcoin and Crypto<\/h2>\n

Brian Armstrong, the CEO of Coinbase <\/strong>(NASDAQ:<\/a>COIN<\/a>) is defending Bitcoin. In an X post, he noted that the crypto industry was thriving despite the ongoing crypto market crash. He pointed to the ongoing boom in the derivatives, stablecoins, and prediction markets.<\/p>\n

For example, data compiled by DeFi Llama shows<\/a> that perpetual exchange networks like Hyperliquid and Aster handled over $2.37 trillion in the first quarter and $1.37 trillion this one.\u00a0<\/p>\n

More data shows that the volume in the prediction markets surged to $34.7 billion in Q1, and has jumped to $24.6 billion in the current one. This growth will accelerate in the …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (CRYPTO: BTC) and most altcoins like Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA), and Ripple (CRYPTO: XRP) prices have crashed, erasing over $2 trillion dollars in value in the past two years.\u00a0 The crypto market crash intensified this week, with Bitcoin moving slightly below the key support of $60,000. Ethereum dropped to $1,500, while XRP […]<\/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-99074","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\/99074","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=99074"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99074\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}