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

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Wed, 07/21/2021 - 13:52
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Yuri Molchan
Elon Musk and Jack Dorsey's appearance to discuss Bitcoin at today's B-Word event is pushing Dogecoin and Bitcoin to the north
Dogecoin Up 18%, Bitcoin Rising As Elon Musk and Jack Dorsey Prepare For BTC Talk
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The B-Word conference that is to take place later today at 11 a.m. PDT will see two billionaire entrepreneurs—Elon Musk and Jack Dorsey—meet to 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 expect the Tesla chief to mention his beloved 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 Ehrlich, is Musk and Dorsey preparing to take the stage later today.

According to data provided by the 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 five percent.

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Image via CoinMarketCap

Related
Elon Musk Teases His Bitcoin Talk with "The Final Countdown"

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

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.