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Why Bitcoin and Ethereum Popped, but Dogecoin Dropped


Has Dogecoin (CRYPTO: DOGE) ever had a better friend that Elon Musk? Well, not today. For months, the Tesla (NASDAQ: TSLA) boss has off-and-on hyped or denigrated the one-time joke cryptocurrency, helping to drive the former sub-$0.01 coin's value past $0.72.

But today, Musk's distraction from Dogecoin may be the reason the price is diving -- and also the reason that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are both moving higher.  

To recap, here's how the values stand as of 1:30 p.m. EDT:

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Source Fool.com

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