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

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As bitcoin prices have consolidated just below the $ 60,000 grip, a number of other alternative digital assets have made significant gains. Two coins, in particular, the decentralized storage network’s filecoin token and the famous dogecoin meme token have jumped over 10% in the past 24 hours.

  • On Thursday April 1, 2021, also known as ‘April Fools’, the popular cryptocurrency dogecoin (DOGE) jumped over 12% in the past 24 hours. The price spike happened immediately after famous Tesla executive Elon Musk tweeted:
  • Dogecoin sort of collapsed during the month of March, but performed very well for the first two months of the year. Over the past seven days, DOGE has risen 19% against the US dollar and 973% in the past three months. On Wednesday afternoon (EST), dogecoin was trading hands for $ 0.058 per coin.
  • Meanwhile, filecoin (FIL) has been fighting it with Litecoin (LTC) lately. FIL is trading for $ 205 per coin and jumped over 12% on Wednesday. FIL’s market cap is around $ 11.9 billion and filecoin has jumped 151% in the past seven days.
Bitcoin Price Consolidates, Elon Musk Tweet Sends Dogecoin Surfing, Filecoin Surges
FIL / USD markets on Coinbase on April 1, 2021.
  • Statistics from bybt.com show that entries into Grayscale Investments’ Filecoin Trust are driving some of the action, while demand on spot exchanges has also increased. Data shows on Wednesday that the filecoin (FIL) trade volume is around $ 4.66 billion on global cryptocurrency exchanges.

  • In addition to dogecoin and filecoin, binance (BNB) and chainlink (LINK) coins also saw solid gains over the past day. Besides FIL and DOGE, the two currencies lead the pack when it comes to 24 hour payouts. BNB saw its value jump 4.6% during the morning while LINK climbed 6.9% on Wednesday.
  • The biggest winners on Wednesday included medibloc (MED + 75%), armor (ARMOR + 73%) and truthfulness (VRA + 71%). Today’s losers with the most loss percentages were pieces like bumo (BU -66%), kimchi.finance (KIMCHI -46%) and cybereits (CRE) which is down just over 40% today.

What do you think of today’s crypto winners and losers? Let us know what you think of this topic in the comments section below.

Tags in this story

$ FIL, Binance Coin, bnb, Chainlink, Crypto Assets, Doge, Dogecoin, Dogecoin (DOGE), Elon Musk, Filecoin, Filecoin (FIL), Gainers, Grayscale, LiNK, Litecoin, Losers, LTC, Markets, Price, filecoin storage network, trading

Image credits: Shutterstock, Pixabay, Wiki Commons

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