He added that Bitcoin is the gold standard in the crypto world and is the base layer protocol like the TCP/IP Internet protocol suite that enables computers to connect and communicate.
Why It Matters: Bitcoin reached an all-time high of $64,863.10 on April 14 this year and has year-to-date gains of 100%, but is struggling to regain the $60,000 level over the past month.
Dogecoin has impressive year-to-date gains of 11,721.17%, but has fallen 13.9% during the past 24 hours and is currently trading at $0.5608.
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