Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Lifestyle
Andrew Griffin

Bitcoin price – live: Elon Musk says ‘new space race has begun’ as crypto market settles

Photograph: Getty Images

Bitcoin, Ethereum (ether), and Cardano (ada) are enjoying a period of relative stability over the weekend, shifting by less than 1 per cent in price since Friday.

The headlines have instead been taken by NSFW altcoin CumRocket, which received an emoji endorsement from Elon Musk.

Following a quiet couple of days at the start of June, positive news about dogecoin being added to Coinbase saw a sudden surge in price for the meme-inspired cryptocurrency at the end of the week.

It shot up by more than a third within the space of just a few hours and continues to trade above $0.40 amid online rallying cries from the “Doge Army” to push it past its previous all-time high of $0.72 to $1.

Bitcoin, which had stuck to a relatively narrow band between $34,000 and $38,000 since late May, finally broke out of it on Thursday morning and looked to be testing $40,000 but has since slipped back down.

We’ll have all the latest news and updates from the crypto market right here.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.