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Live BTC prices: Bitcoin above $63,000, Dogecoin little-changed ahead of SpaceX trading

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Crypto firmed across the board on the largest listing in history, but the token most tied to Elon Musk traded right in line with the market.

By Shaurya Malwa

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Crypto users committed about $557 million to Binance Wallet’s onchain SpaceX IPO subscription, spread across 27,689 addresses, according to Dune data. The product let holders deposit USDC for exposure to Friday’s Nasdaq listing.

The split was lopsided. Addresses putting in $20,000 or less made up about 81% of participants but only 18% of the funds. The $20,000 to $100,000 bracket was 17% of participants and nearly 58% of the total. And 114 addresses put in $500,000 or more, the apparent cap, supplying about 10% on their own.

This is the crypto-native slice of a far bigger wave. SpaceX drew more than $250 billion in total demand, with retail orders alone above $100 billion, before pricing at $135 a share for today’s debut as SPCX.

The breakdown shows how far onchain rails have moved into IPO access. The crowd is retail by headcount. The dollars still come from the big wallets.



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SpaceX priced its initial public offering at $135 a share and starts trading on the Nasdaq on Friday under the ticker SPCX. The $75 billion raise is the largest IPO in history. It values the company near $1.75 trillion and puts Musk on track to become the world’s first trillionaire.

Demand topped $250 billion, with retail orders alone above $100 billion.

Crypto took the cue higher. Bitcoin rose about 1.6% to roughly $63,550 and is now green on the week, per CoinDesk data, recovering the ground it lost in the early-June selloff. Solana added 3%, XRP and dogecoin each rose 2.3%, and Hyperliquid bounced 7.6% on the day.

Dogecoin barely stood out. It rose 2.3%, in line with the broad market. The token has spent years jumping on Musk and SpaceX headlines, and this was the biggest SpaceX event ever.

The real signal comes when SPCX prints its first trade. A strong debut confirms the risk-on turn, while a weak one tests it.

By CoinDesk Research

Jun 9, 2026

Tokenized assets hit a record $28.9B in May; their tenth consecutive monthly all-time high. The stablecoin market cap also extended its run to $320B.

Why it matters:

Tokenized assets hit a record $28.9B in May; their tenth consecutive monthly all-time high. The stablecoin market cap also extended its run to $320B.


 

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