Dogecoin, bitcoin and ether briefly spiked on 14 March after Tesla CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell.
Dogecoin rose 3.93% to $0.11, according to CoinDesk, before falling 1.20% in early morning trading. Bitcoin, the world’s largest cryptocurrency, rose 3.36% initially and is up 0.15%. ether, the token underpinning the Ethereum blockchain network, was up 0.33%.