Elon Musk tweets, doge leaps and bitcoin retreats
Image Credit: Shortpedia
Bitcoin was pinned near its lowest in more than two months on Friday, while dogecoin leapt by a fifth as tweets from Elon Musk sent the two cryptocurrencies on a wild ride. Markets have gyrated to Musk tweets for months since his interest in dogecoin sparked a hundred-fold rally in the previously ignored token's value this year, while Tesla's $1.5 billion bitcoin purchase helped it break past $50,000 in February.