Bitcoin price updates – Elon Musk to host Saturday Night Live tonight as Dogecoin value hits record high
ELON Musk will host Saturday Night Live tonight amid claims he will take the opportunity to play a little investing game.
Ed Moya, a senior market analyst with online trading firm Oanda, said: “Musk will undoubtedly have a sketch on cryptocurrencies that will probably go viral for days and further motivate his army of followers to try to send Dogecoin to the moon.”
It comes as a surge in crypto investment this week led to Dogecoin and Ethereum reaching yet another all-time high.
Currently, Bitcoin is trading at around $56,000 and has seen steady gains in the last few days.
Dogecoin is up by nearly 20 per cent over the last 24 hours and by 60 per cent over the last week
And the incredible price surge of Ethereum has made its 27-year-old founder a BILLIONAIRE.
Vitalik Buterin now has at least $1 billion worth of the cryptocurrency in his main wallet – making him the world’s youngest crypto billionaire. Buterin spearheaded the launch of the Ethereum blockchain in 2015.
Ethereum’s cryptocurrency, ether, surged past $3,000 for the first time early Monday morning, marking a 325% rise since the beginning of this year.
Ethereum’s incredible rise came after three years of decline which saw it falling below $100 in April 2020 following a previous high of $1,200 in 2018. But over the past 12 months the currency has absolutely rocketed.
That said, as with all cryptocurrencies, there are no guarantees that any investments will make money and in many cases investors has lost absolutely everything they have put into the coins.
Read our cyptocurrency live blog below for the very latest updates…