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Elon Musk and Snoop Dogg help drive cryptocurrency boom We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Nathaniel Popper Normal text size Advertisement Bitcoin hit a new high of nearly $US45,000 ($58,000) on Monday, shooting up more than 45 per cent from the beginning of the year. Other digital currencies with names like Terra and Solana also rose sharply in value. Even Dogecoin, a cryptocurrency that began as a joke with a perpetually surprised Shiba Inu dog for its symbol, has soared almost 1000 per cent over the last week to set a record. The rally is a moment of euphoria for the thousands of different versions of digital money, which years ago were dismissed as little more than online Beanie Babies caught in a speculative bubble. While cryptocurrencies often rise and fall together, the latest surge stands out for its magnitude for the first time, the value of all cryptocurrencies skyrocketed above $ ....