Dogecoin's Rollercoaster Ride: Twitter Changes, Lawsuits, and Elon Musk's Influence.

Bitcoin dipped below $28,000 while Ether rose, and Dogecoin surged almost 20% after Elon Musk changed his Twitter icon to the Dogecoin image. The total crypto market capitalization dipped slightly to $1.17 trillion. In the NFT market, prices dipped but sales are bouncing back in some markets. U.S. equities traded mixed as OPEC+ unexpectedly cut oil production and a U.S. manufacturing slowdown resurfaced concerns about a possible recession. The Federal Reserve's nine interest rate hikes since March 2022 to curb inflation is putting the brakes on the broader economy.