Dogecoin Co-Founder Billy Markus Sums Up His Attitude to Bitcoin as It Plummeted Well Below the $60,000 Level Once Again Yesterday

Billy Markus known on the X social media platform (formerly popular as Twitter) as Shibetoshi Nakamoto, who is a co-founder of the iconic meme cryptocurrency Dogecoin

Dogecoin co-founder Billy Markus, who is known on the X social media platform (formerly popular as Twitter) as Shibetoshi Nakamoto, has shared his thoughts on Bitcoin's latest price plunge, which saw the cryptocurrency fall below the $60,000 level once again.

Markus, who is known for his ironic and playful statements on crypto investing and the cryptocurrency market in general, took to X to share his thoughts on the matter.

“Bitcoin dammit,” he wrote in response to the massive Bitcoin fall, which saw the cryptocurrency lose around 8% over the last 24 hours.

From Monday, Bitcoin has dropped from $63,630 to the $58,500 zone where it is currently trading at the time of this writing.

According to a recent report by popular on-chain data aggregator Santiment, Bitcoin has fallen to a two-month low today. The outlet noted that a lot of traders began to buy the dip when the leading cryptocurrency was approaching the $60,000 level, which led to a large number of long positions being liquidated aggressively as of late.

This phenomenon was also observed in the price movements of Ethereum and Solana, which saw a similar fate, as highlighted by Santiment.

However, previous comments made by Markus on the topic of crypto trading and investing suggest that the tweet may be a post of dark irony about the state of BTC.

Throughout his time on X, Markus has repeatedly stated that he does not believe in anyone's ability to know for sure how the crypto market functions and what drives crypto prices, mainly Bitcoin’s, up or down.

Recently, the DOGE creator even went as far as to suggest thinking that one is throwing money “directly into a raging fire” when investing in digital assets - that way, he tweeted, it would be easy to live through the ups and downs faced by the cryptocurrency market.

Moreover, Markus also revealed that he owns a bit of Bitcoin (approximately 0.006 BTC) and recently when a dispute arose on X as to which is better - having one Dogecoin or one whole Bitcoin - Shibatoshi Nakamoto weighed in, saying something, perhaps unexpected by the DOGE community, that he would prefer to have one BTC rather than one DOGE.

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