Bitcoin for Gold: Dogecoin Founder Reveals Latest Market Trend
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According to CoinWorld, Dogecoin founder Billy Markus commented sarcastically on the trend of investor sentiment shifting from Bitcoin to traditional safe-haven assets such as gold, and questioned the notion of "digital gold." Bitcoin is currently trading at $87,832.51, down 2.49% in the past 24 hours, failing to break through the resistance level of $98,000. As bearish signals continue to strengthen, including a rising proportion of Bitcoin held at a loss, more than $347 million in leveraged positions have recently been liquidated.
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