Backed by Elon Musk, Dogecoin jumped by 35%, and Bitcoin is already worth more than $ 47.5 thousand.

Backed by Elon Musk, Dogecoin jumped by 35%, and Bitcoin is already worth more than $ 47.5 thousand.

Backed by Elon Musk, Dogecoin gained 35% over the week, while it gained 6.5% over the course of the day and is now worth $ 0.2878. Dogecoin has a market cap of over $ 37 billion. Recall that the founder of Tesla and SpaceX at the end of July, with one message, provoked a sharp rise in the Dogecoin rate, while he has been actively supporting the cryptocurrency since the beginning of the year.

According to Coinmarketcap data, over the past week, the world’s main cryptocurrency has grown by almost 10%. At the moment, one Bitcoin is already giving more than 47.5 thousand dollars, although recently the rate dropped below 30 thousand dollars. The market capitalization of the cryptocurrency is over $ 892 billion. The increase in the Ethereum rate over the past week was 11%, and for one coin they are now giving almost $ 3,300. Ethereum capitalization is $ 385 billion.

An interesting piece of news broke out earlier this week about how a New York Times reporter created Idiot Coin to illustrate the volatility of the cryptocurrency market.

It should be noted that the cryptocurrency market has been showing stable growth since the end of July.

Backed by Elon Musk, Dogecoin jumped by 35%, and Bitcoin is already worth more than $ 47.5 thousand.

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