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Live updates: Bitcoin in volatile trading above $63,000, DOGE unchanged
Key takeaways
- Dogecoin, the Musk-linked meme, barely moved Space X priced its initial public offering at $135 a share and starts trading on the Nasdaq on Friday under the ticker SPCX.
- Demand topped $250 billion, with retail orders alone above $100 billion.
- Bitcoin rose about 1.6% to roughly $63,550 and is now green on the week, per CoinDesk data, recovering the ground it lost in the early-June selloff.
Dogecoin, the Musk-linked meme, barely moved Space X priced its initial public offering at $135 a share and starts trading on the Nasdaq on Friday under the ticker SPCX. The $75 billion raise is the largest IPO in history. It values the company near $1.75 trillion and puts Musk on track to become the world's first trillionaire.
Demand topped $250 billion, with retail orders alone above $100 billion.
Crypto took the cue higher. Bitcoin rose about 1.6% to roughly $63,550 and is now green on the week, per CoinDesk data, recovering the ground it lost in the early-June selloff. Solana added 3%, XRP and dogecoin each rose 2.3%, and Hyperliquid bounced 7.6% on the day.
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