DOGE News: Judge Blocks Illegal Mass-Firing of Federal Employees, Dogecoin Faces Market Dip

Judge blocks Elon Musk’s DOGE from mass-firing federal workers

A judge has blocked the Office of Personnel Management (OPM) from mass-firing federal probationary employees, deeming the entire process illegal. The judge ordered OPM to notify the Department of Defense that the terminations were invalid and scheduled a hearing where the acting OPM Director will have to testify. The judge made it clear that OPM had no legal authority to force agencies to fire employees.

Dogecoin Faces Dip Despite Elon Musk’s Prediction

Dogecoin (DOGE) has faced a significant price dip, following the trajectory of Bitcoin (BTC). The cryptocurrency market has undergone a massive price correction, with BTC falling below $80,000 and the global crypto market cap dipping 9.2% to $2.72 trillion in the last 24 hours. DOGE is down 11.8% in the daily charts, 27.5% in the weekly charts, 29.6% in the 14-day charts, and 43.8% over the previous month. However, DOGE has maintained some gains in the yearly charts, up by 92.9% since late February 2024. The latest market dip comes after the US announced a 25% tariff on the European Union (EU), and earlier this week, the US said it would impose tariffs against Canada and Mexico.

Dogecoin Whales Accumulate, Potential $0.50 Surge in March?

The cryptocurrency market is experiencing significant price shifts. Dogecoin (DOGE) has been struggling in February, dropping from a high of $0.3407 to a low of $0.1819, a decrease of 43%. Despite this, whales have been accumulating the meme coin. At the time of writing, DOGE was trading at $0.1867, with a massive drop of nearly 11% over the past 24 hours. The past week has been challenging for DOGE.