Dogecoin Gets Musk Twitter Bump

For the first time in six weeks, the crypto markets thawed this week.

According to CoinGecko, the price of Bitcoin (BTC) is $20,718 at the time of writing, up 8% over the last seven days.

A greater gain was seen in Ethereum (ETH), which increased 24% week over week to $1,613 at the start of the weekend.

However, the week was won by the king of the meme coin. 

On the back of news that the Tesla CEO has finally finalized the plan to buy Twitter for $44 billion, 

Elon Musk's preferred cryptocurrency Dogecoin (DOGE) exploded up 77% over the course of the week to 10 cents (yes, still down from 72 cents in May 2021).

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