Cryptocurrency Market Volatility Continues Amid Elon Musk's Influence.

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Source: Barron's
Cryptocurrency Market Volatility Continues Amid Elon Musk's Influence.
Photo: Barron's
TL;DR Summary

Dogecoin's price has fallen 6% over the past 24 hours after surging 30% on Tuesday due to Elon Musk's Twitter making its homepage logo an homage to the memecoin. The cryptocurrency risks a deeper correction as it continues to slip lower for a second day after beating Bitcoin. Dogecoin is a memecoin founded as a reference to an internet joke involving a Shiba Inu dog.

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