Dogecoin News: The fact that Elon Musk and Jack Dorsey will meet to discuss Bitcoin at the B-Word conference today has increased the value of both Dogecoin and Bitcoin. The general market situation also looks green.
In the session, which is scheduled to take place today at 9 PM, two billionaire entrepreneurs – Elon Musk and Jack Dorsey – are expected to make the long-awaited speech about Bitcoin. Will the expressions used during the conversation cause volatility in the Bitcoin market? We will see together.
On June 25, Dorsey challenged Musk to talk about the biggest cryptocurrency and Bitcoin miners using fossil fuels and green energy for the new Bitcoins.
The part of this meeting that concerns dogecoin is that the Tesla boss is a solid dogecoin investor, as is known. Investors will now be on the alert in case the issue turns around and comes to dogecoin. So much so that DOGE purchases have already increased. Although the general market image is green today, DOGE has risen above the market by more than 20 percent from yesterday’s low.
Forbes research director Steven Ehrlich tweeted a chart showing both Dogecoin and Bitcoin rising. According to Ehrlich, this is because Musk and Dorsey are preparing to take the stage later today.
— Steven Ehrlich (@Steven_Ehrlich) July 21, 2021
According to data provided by CoinMarketCap, Musk’s favorite meme crypto DOGE rose almost 18 percent to trade at $0.1921, while Bitcoin surged over five percent, past the $31,500 mark earlier today.