More broadly, surging GameStop shares and the rising bitcoin price have both been called "populist rage as an investment strategy," by Mark Rosenberg the chief executive of political data firm GeoQuant. The bitcoin and crypto community cheered bitcoin's price rise, taking it as a signal people are flocking to crypto. The famously volatile bitcoin price has rallied some 5% over the last 24 hours, breaking a downward trend that saw bitcoin fall under $30,000 yesterday (down from over $40,000 earlier this month). The cryptocurrency market, today adding $100 billion in value to again come within touching distance of $1 trillion, is being led higher by dogecoina tongue-in-cheek bitcoin rival named by Elon Musk as his "fav" cryptocurrency that has soared a blistering 200%. Crypto markets are open and accessible to anyone with a smart phone, and bitcoin presents an equal opportunity to investors of all types, from online shoppers earning bitcoin back with their Fold card to retail users buying $100 on Gemini, to institutions buying $10 million contracts on the CME, and everyone in between."
Elon Musk's cryptocurrency is regarded as developed and therefore accessible to anyone with a smart phone.
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Elon Musk 's cryptocurrency is regarded as developed and therefore accessible to anyone with a smart phone .
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