DogeCoin Soars as Musk Says Tesla Will Accept it for Merchandise Sales By Investing.com – Investing.com
- Date: 14-Dec-2021
- Source: Investing.com
- Sector:Transport
- Country:Middle East
DogeCoin Soars as Musk Says Tesla Will Accept it for Merchandise Sales By Investing.com – Investing.com
By Dhirendra Tripathi
Investing.com – Dogecoin soared 16% Tuesday while Tesla (NASDAQ:) stock traded 2.1% lower in premarket after CEO Elon Musk said the EV-maker will accept the cryptocurrency for merchandise on a test basis.
Dogecoin was one of the very few cryptocurrencies trading in the green today. () was down 3% and ethereum fell 5%, amid jitters ahead of a likely tightening of the Federal Reserve's monetary policy on Wednesday.