BTCC / BTCC Square / CoindeskEN /

Dogecoin Tanks 12% as Trump-Musk Feud Sparks Crypto Chaos

Author:

CoindeskEN

Published:

2025-06-06 07:00:52

5

1

Dogecoin Drops as Much as 12% Amid Trump-Musk Drama

Elon's meme coin takes a nosedive amid political theater—because nothing says 'stable store of value' like a cryptocurrency that moonwalks on celebrity gossip.

Market watchers shrug as Doge proves, yet again, that crypto volatility laughs at traditional finance's 'risk management' playbooks.

By:

|Square

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

Recommended

Promotions

Dogecoin Tanks 12% as Trump-Musk Feud Sparks Crypto Chaos

|Square