Bitcoin has had a big week with its price notching fresh all-time highs and major U.S. cryptocurrency company Coinbase landing on the Nasdaq NDAQ +0.1%.
The bitcoin price came within touching distance of $65,000 per bitcoin this week as Coinbase IPO mania sparked a surge of interest in cryptocurrencies. Ethereum, the second-largest cryptocurrency after bitcoin, has also soared, with the ethereum price climbing over $2,500 per ether token for the first time.
As huge bitcoin and ethereum price gains push the combined cryptocurrency market further over $2 trillion, dogecoin—the memecoin that’s been named by Tesla TSLA +0.1% chief executive Elon Musk as his “fav” cryptocurrency—has rocketed higher, adding a staggering 300% over the last week.
