Bitcoin Climbs Past $5,200, Dogecoin Gains Over 22% – April 4th Cryptocurrency News

Today we saw Bitcoin climb past $5,200 hitting its highest level in a few months.

Today we saw it climb past $5,200 before dropping lower again, falling below $5,000. This day last year it was over $7,300. According to a Reuters article this week, the CEO of cryptocurrency firm BCB Group believes “the gain was probably triggered by an order worth about $100 million spread across U.S.-based exchanges Coinbase and Kraken and Luxembourg’s Bitstamp.”
Bitcoin Cash gained the most out of the top 20 today with gains of more than 21%. /

The simple ledger protocol was launched on March 26th.This is an open-source explorer for SLP Tokens and a simple token system for Bitcoin Cash. Some crypto fans suspect that this is one driving factor for the price of bitcoin cash at the moment.

Dogecoin gained the most out of the top 30 with gains of more than 22%.

Tesla’s CEO Elon Musk seemed to be having some fun with his twitter posts this week when he tweeted that Dogecoin might be his favourite cryptocurrency. And this comment actually gave dogecoin a big boost. Dogecoin has been climbing since April Fool’s day, reaching its highest level in a few months. It is in 21st place in terms of marketcap.

Please remember this is news, not investment advice.

Bitcoin Climbs Past $5,200, Dogecoin Gains Over 22% – April 4th Cryptocurrency News

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Kane Dane