Elon Musk's Crypto Endorsement Sends Dogecoin and Bitcoin Soaring

Elon Musk's Crypto Endorsement Sends Dogecoin and Bitcoin Soaring
Elon Musk's recent endorsement of the cryptocurrency industry during a rally for Donald Trump has sparked a significant surge in crypto prices. Bitcoin rose 5.42% to nearly $68,000, while Ethereum climbed to around $2,700. Dogecoin, known for Musk's support, saw a remarkable 26.25% increase, reaching $0.1426. Despite claiming he's not actively involved in crypto, Musk's statements indicate his belief in its value for individual freedom. The rally showcased Musk's influence on the crypto market, reinforcing his position as a key figure in the industry.