Bitcoin’s Price Consolidates, Elon Musk Tweet Sends Dogecoin Surfing, Filecoin Surges – Markets and Prices Bitcoin News

While bitcoin’s price stayed just below $60,000, a number of other alternative digital assets posted strong gains. Two coins in particular, the decentralized storage network philecoin and the infamous storage philecoin, are up more than 10% in the past 24 hours.

  • On Thursday, April 1, 2021, also known as April Fool’s Day, the popular cryptocurrency Dogecoin (DOGE) jumped over 12% in the past 24 hours. The price spike came shortly after Tesla’s famed CEO Elon Musk tweeted:

SpaceX will put a literal Dogecoin on the literal moon.

– Elon Musk (@elonmusk) 1. April 2021

  • Cogecoin dropped a bit in March, but has done very well in the first two months of the year. The DOGE has risen 19% in the past seven days and 973% in the past three months against the US dollar. Dogecoin traded at $0.058 per coin on Wednesday afternoon (EST).
  • At the same time, philecoin (FIL) has recently expanded to include litecoin (LTC). FIL is trading at $205 a piece and was up more than 12 percent on Wednesday. FIL has a market capitalization of about $11.9 billion, and Philecoin has risen 151% in the past seven days.

FIL/USD markets at Coin Base 1. April 2021.

Bitcoin’s Price Consolidates, Elon Musk Tweet Sends Dogecoin Surfing, Filecoin Surges – Markets and Prices Bitcoin News

  • Statistics from bybt.com show that entries from Grayscale Investments’ Filecoin Trust are providing some of the action, while demand on cash exchanges has also increased. Data showed Wednesday that filecoin (FIL) is trading at about $4.66 billion on global cryptocurrency exchanges.
  • In addition to dogecoin and philecoin, financial coin (BNB) and chain link (LINK) have also posted solid gains over the past day. Along with FIL and DOGE, these two currencies lead the 24-hour gain. BNB jumped 4.6% in the morning and LINK jumped 6.9% on Wednesday.
  • The biggest draws on Wednesday were made by medibloc (MED +75%), armor (ARMOR +73%) and verasity (VRA +71%). Coins like bumo (BU -66%), kimchi.finance (KIMCHI -46%) and cybereits (CRE) lost the most today, falling more than 40%.

What do you think about the players and losers in crypto today? Let us know what you think in the comments below.

Tags in this story

FIL, financial currency, bnb, Chainlink, crypto assets, dogecoin, dogecoin (DOGE), Elon Musk, philecoin, philecoin (FIL), winner, grey scale, LiNK, litecoin, loser, LTC, markets, price, philecoin for storage networks, trading.

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