Why Bitcoin, Ethereum, and Dogecoin Are All Soaring Today

in hive-160342 •  3 years ago 

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By Zhiyuan Sun
Aug 20, 2021

Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) are up 6.82%, 8.16%, and 8.36% in the past 24 hours. As of 10:30 a.m. EDT, they are now trading at $48,518.76 per coin, $3,293.94 per token, and $0.3319 apiece, respectively.

Earlier in the day, Coinbase Global (NASDAQ:COIN), the second-largest cryptocurrency exchange in the world, announced it would be adding $500 million worth of cryptocurrency to its balance sheet. The move sent the whole sector into a monstrous rally. Coinbase stock is also up 3.10% to $255.98 per share in the same period.

Read more at:Why Bitcoin, Ethereum, and Dogecoin Are All Soaring Today

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