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Dogecoin Up 18%, Bitcoin Rising As Elon Musk and Jack Dorsey Prepare For BTC Talk

source-logo  u.today 21 July 2021 14:21, UTC

The B-Word conference that is to take place later today at 11 AM PDT will see two billionaire entrepreneurs – Elon Musk and Jack Dorsey – meet have a long-anticipated talk about Bitcoin.

On June 25, Dorsey challenged Musk to have “THE talk” about the flagship cryptocurrency and Bitcoin miners who use fossil fuels and green energy to mint fresh Bitcoins.

Some, it seems to expect the Tesla chief to mention his favourite Dogecoin at the conference as well.

The director of research at Forbes, Steven Ehrlich, has tweeted a chart, showing that both Dogecoin and Bitcoin are rising. The reason, according to him, is Musk and Dorsey preparing to take the stage later today.

#Bitcoin and $BTC and #dogecoin $DOGE are trending up as @jack and @elonmusk get ready to take the stage today. pic.twitter.com/TOlGtzUq8P

— Steven Ehrlich (@Steven_Ehrlich) July 21, 2021

According to the data provided by CoinMarketCap service, Musk’s favorite meme crypto DOGE is up almost 18 percent, trading at $0.1921, while Bitcoin crossed the $31,300 level earlier today, rising over 5 percent.

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As covered by U.Today previously, Elon Musk teased the upcoming talk with the Twitter CEO by jokingly promising to sing a special cover of the “Final Countdown” song by the Swedish band Europe along with Dorsey on his Twitter page.

u.today