Why Bitcoin, Ethereum, and Dogecoin Are Spiking This Morning

What happened

Top cryptocurrencies Bitcoin ( BTC 11.11% )Ethereum ( ETH 8.45% ), and Dogecoin ( DOGE 5.21% ) each rocketed higher in late-morning trading, making up all of this morning’s losses, and then some. As of 11:30 a.m. ET, these three tokens have surged 5.3%, 1.7%, and 1.5% higher. This surge negates earlier intraday declines of 4.8%, 6.7%, and 3.8%, respectively.

This impressive crypto turnaround followed the movements seen in most stock indexes,…


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