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Dogecoin, Bitcoin and Ether briefly spiked on Monday after Tesla (ticker: TSLA) CEO Elon Musk tweeted that he still owns the cryptocurrencies and won’t sell.
Dogecoin (DOGEUSD) rose 3.93% to $0.11, according to CoinDesk before falling 1.20% in early morning trading. Bitcoin (ticker: BTCUSD) the world’s largest cryptocurrency, rose 3.36% initially and is up 0.15%. Ether (ETHUSD), the token underpinning the Ethereum blockchain network, was up 0.33%.