Bitcoin price news LIVE: Ethereum, BTC rise as Twitter CEO backs crypto amid Elon Musk ‘break up’ meme – plus Dogecoin

Twitter co-founder Jack Dorsey has thrown his weight behind the future of Bitcoin has he backed the importance of the cryptocurrency.

“Bitcoin changes absolutely everything,” Dorsey said yesterday at the Bitcoin 2021 Conference. “I don’t think there is anything more important in my lifetime to work on.”

He added that, “if I were not at Square or Twitter, I would be working on bitcoin. If [bitcoin] needed more help than Square or Twitter, I would leave them for bitcoin. But, I believe both companies have a role to play.”

It comes after Elon Musk said he “misses” Bitcoin after the market’s recent comeback stalled yesterday as several major coins took a tumble.

The Tesla CEO posted a meme about a couple breaking up over excessive quoting of Linkin Park lyrics. Mr Musk shared the meme with “#Bitcoin” and a heartbreak emoji.

And Bitcoin, Ethereum, Cardano and Dogecoin all fell again after having trended upwards for much of Friday. The market movements come as Elon Musk took to Twitter to post memes mocking the market downturn.

The multi-billionaire Tesla chief – whose social media activities move the crypto markets like nobody else’s – posted memes of couple’s breaking up tagged with #Bitcoin and a broken heart emoji.