The cryptocurrency market is seeing yet another turbulent day, amid Elon Musk tweets and rising valuations.
After bitcoin recovered some of the losses it has made in recent weeks, its price was mostly flat, though still volatile. The same was true in other big cryptocurrencies, with ethereum (ether) the only major one making gains.
But much of the focus is on Dogecoin, after another cryptic tweet from Elon Musk. He referred to himself as the “Dogefather” in a post, and referenced his appearance on SNL next month – while it wasn’t clear what he had planned, it was enough to push the price up almost 20 per cent.
How Dogecoin went from joke to the one of the world’s most valuable cryptocurrencies
Here’s our Anthony Cuthbertson on where Dogecoin came from – and where it might be going.
What’s going on with Dogecoin?
Andrew Griffin28 April 2021 11:36
Andrew Griffin28 April 2021 11:35
Hello and welcome
… toThe Independent’s live coverage of the cryptocurrency market, as the bitcoin recovers some of its lost value and Dogecoin surges off the back of a cryptic Elon Musk tweet.
Andrew Griffin28 April 2021 10:51