Here We Go Again… As Bitcoin Nears $40,000, Tesla CEO Elon Musk Has Sent The Dogecoin Price Sharply Higher

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Bitcoin has broken out over the last few days, climbing almost 15% since the beginning of the week.

The bitcoin price has climbed as MicroStrategy
MSTR
chief executive and bitcoin advocate Michael Saylor hosts a virtual bitcoin conference to help companies buy bitcoin and Visa revealed its plans to help banks roll out bitcoin-buying services.

Now, Elon Musk, Tesla’s
TSLA
meme-happy chief executive, has sent the “joke” cryptocurrency dogecoin sharply higher, tweeting: “Dogecoin is the people’s crypto.”

MORE FROM FORBESVisa Reveals Bitcoin And Crypto Banking Roadmap Amid Race To Reach Network Of 70 Million

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