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Why Is Dogecoin Flying Higher on Friday?

TheMotleyFool

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Why Is Dogecoin Flying Higher on Friday?

Dogecoin (CRYPTO: DOGE) is jumping today, up 11.1% in the last 24 hours as of 5:08 p.m. ET on Friday.

There really isn't anything specific driving the substantial gain today. Rather, the meme coin is caught up in a larger rally after Bitcoin finally reversed its weeks-long slide. The OG cryptocurrency was approaching $60,000 for the first time in nearly 18 months.

True to form, altcoins like Dogecoin followed Bitcoin's lead.

Source Fool.com

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