Why Bitcoin, Ethereum, and Dogecoin Are All Climbing Today

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are both up more than 5.5% as of 12:30 p.m. EDT. Dogecoin (CRYPTO: DOGE) is also up a more modest 3% so far today. The rise is a follow through from Monday when well-known stock picker Cathie Wood had positive comments about the two primary digital currencies.

The founder and CEO of investment management firm ARK Invest told attendees at the SALT conference -- an event focused on technology, finance, and geopolitics -- that she expects Bitcoin to rise tenfold over the next five years to $500,000. She also shared that her confidence in ether had grown.

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Source Fool.com