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Bitcoin, Ethereum, Dogecoin: What to Watch in Crypto Wednesday

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The cryptocurrency world is slowly bouncing back after a miserable Monday. 

Bitcoin, the world’s largest digital currency traded over $43,000 on Wednesday, which came as a relief to crypto traders. On Monday, bitcoin briefly slumped below $40,000 for the first time since September 2021.

Also, Seba Bank CEO Guido Buehler reportedly predicted that the digital coin could spike to as high as $75,000 this year. It's worth mentioning that, bitcoin surged to an all-time high of over $68,000 last November.

Etheruem also gained over 8% in the last 24 hours, with the price hovering above $3,300. The second-largest digital currency dipped below $3,000 for the first time since late September 2021.

Ethereum spiked to an all-time high of over $4800 last November.

On the other hand, Dogecoin, Tesla  (TSLA) - Get Tesla Inc Report CEO Elon Musk's favorite cryptocurrency also gained over 5% in the last 24 hours, with the price hovering above $0.16.

Dogecoin reached an all-time high in May of 2021, trading above 70 cents. 

TheStreet Recommends: Crypto Investing Strategies In 2022

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