Bitcoin Dipped to $45K, Dogecoin Up 5% on Elon Musk-Twitter News (Market Watch)

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While bitcoin and most altcoins are relatively calm on a daily scale, Dogecoin is up by 5% following news that Elon Musk had purchased a stake in Twitter.

After failing to conquer $47,000, bitcoin dipped by several thousand dollars to around $45,000. Most altcoins sit rather calm today, with Dogecoin being the most impressive gainer. A 5% increase has pushed DOGE to above $0.15.Most alternative coins calmed in the past few days after the enhanced volatility experienced last week. Ethereum, for example, had dropped to $3,300 at one point before the bulls came back to play and pushed it to aabove $3,500.

Binance Coin trades above $450 for the first time in months as well as BNB has added 2% since yesterday. Terra, Polkadot, and Shiba Inu are also slightly in the green.Dogecoin is the most substantial gainer from the larger-cap alts with a 5% increase. This comes after news broke that Elon Musk had a 9.2% passive stake in Twitter, which, somewhat surprisingly, also pushed DOGE’s price higher yesterday.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:The crypto market cap has remained relatively calm as well and is still above $2.150 trillion.

 

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