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Dogecoin Drops 5% Amid Trump-Musk Feud and Market Decline

6/10/2025

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Summary

Story summary

Dogecoin (DOGE) experienced a 5% decline, exacerbated by the ongoing Trump-Musk feud.
Musk's plan to close a government department related to DOGE reduced excitement around the cryptocurrency.
The overall crypto market fell by 5.1%, with DOGE dropping 22% in the past week.
Bitcoin held steady above $105,000, while meme coins faced heightened volatility.

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Story summary

Dogecoin (DOGE) experienced a 5% decline, exacerbated by the ongoing Trump-Musk feud.
Musk's plan to close a government department related to DOGE reduced excitement around the cryptocurrency.
The overall crypto market fell by 5.1%, with DOGE dropping 22% in the past week.
Bitcoin held steady above $105,000, while meme coins faced heightened volatility.