U.Today – Billy Markus commented on crypto market crash

Billy Markus, co-founder of Dogecoin, reflected on the significant price drop of Bitcoin, Ethereum, and Dogecoin during the last 24 hours.

Markus reacts sarcastically as BTC, DOGE, ETH crash

Known as Shibetoshi Nakamoto, Markus shared a post highlighting the volatile market. He sarcastically commented with a chart showing the fall of the top cryptocurrencies: Bitcoin, Ethereum, and Dogecoin. In all caps, he wrote, "SO GLAD I QUIT MY JOB."

Bitcoin fell below $98,000, further declining to $96,076, marking a 6.45% drop since Thursday. Dogecoin plunged nearly 17%, from $0.36668 to $0.30491, while Ethereum decreased 11.2%, dropping from $3,711 to $3,301.

The crypto market faced major losses, with $1.2 billion wiped out, largely due to liquidations triggered by Federal Reserve Chairman Jerome Powell's speech about slower interest rate cuts.

"WAGMI" from DOGE cofounder

In a comment thread, a user referenced the acronym WAGMI (we're all gonna make it) to encourage optimism amid market turmoil. Shibetoshi Nakamoto responded with an animated GIF, showcasing his typical ironic sense of humor.

This article was originally published on U.Today.