Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

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MARKET WRAP: Bitcoin $BTC is rising alongside the 6% rally in $DOGE and meme stocks. DeFi tokens are lagging, but could catch up to the broader crypto recovery.

Altcoin roundupDogecoin touched a one-month high Thursday, a day afterplans to add support for the doggy-themed cryptocurrency to its network of more than 1,800 ATMs across 31 U.S. states.

’s price rose as much as 6% in the past 24 hours, touching $0.141 at one point during the day, the highest since Feb. 21. Read moreCrypto music startup Royal has nabbed Diplo as its latest star, announcing Thursday the DJ and electronic musician will be releasing one of his new songs on the tokenized royalties platform.

 

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