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