Dogecoin Founder, Bill Markus has expressed a sullen sentiment on Bitcoin’s recent price drop after the cryptocurrency surged to $44,000 highs in early December. 

Doge Founder Somber Stance Over Bitcoin Price Swings

Around the first week of December, Bitcoin experienced a startling surge to over $44,000 from $38,000 at some point in late November. The cryptocurrency has been on a steady upward trend driven by several factors including anticipation surrounding the United States Securities and Exchange Commission’s (SEC) final decision on Spot Bitcoin ETF applications in January.

Despite the positive upticks experienced by the cryptocurrency, BTC has recently seen its price drop from 2023 highs of over $44,000 to $40,000 levels following Senator Elizabeth Warren’s anti-crypto statements on Monday and a bill aimed at tightening crypto regulations. 

Due to the unexpected price decline, Markus has made somber remarks on BTC’s recent price swings, stating that the cryptocurrency was “having a mood again.”

When asked by a crypto community member what actions to take amidst the BTC price decrease, Nakamoto humorously replied “Just give it space, I guess. It’ll come out of its room eventually, maybe.”

At the time of writing, the price of Bitcoin is trading at $42,968 according to CoinMarketCap. The price correction to above $42,000 can be attributed to a recent announcement made by the US Federal Reserve to uphold stable interest rates. Following the Fed’s decision, BTC saw a price increase of almost 5% and Go to Source to See Full Article
Author: Scott Matherson

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details