In a lighthearted tweet, Dogecoin co-founder Billy Markus, who goes by "Shibetoshi Nakamoto" on X, has reacted to Bitcoin's recent price drop of over 5%. Markus humorously commented, "bitcoin ate some fast food this morning," while sharing a Bitcoin chart to illustrate its price drop.The Dogecoin's founder's statement that "bitcoin ate some fast food" might playfully imply that the leading cryptocurrency experienced a quick dip, much like indulging in fast food.His comment comes amid a broader market sell-off that has seen significant liquidations across various digital assets.At the time of writing, the overall crypto market capitalization was down 6.28% in the last 24 hours to $3.35 trillion, per CoinMarketCap. Bitcoin was down 5.61% in the last 24 hours to $95,607. Most other major cryptocurrencies slid as well, with Ethereum down 8.3% and Dogecoin off almost 12%.Bitcoin price declinesBitcoin's recent decline is part of a wider downturn on the cryptocurrency market, with over $711 million in liquidations reported across various assets, per CoinGlass data.Bitcoin reached a high of $102,735 on Monday for the first time since Dec. 19, but its return above $100,000 was short-lived. On Tuesday, Bitcoin fell the lowest in more than two weeks, reaching a low of $96,105, joining a sell-off in U.S. stocks as fresh economic data drove Treasury yields surging.A better-than-expected Institute for Supply Management report on U.S. service providers contained a price-paid measure that reached its highest level since early 2023, while other data showed that U.S. job openings surged more than predicted.
