Bitcoin Price Rises By 10.08 Percent As Overall Crypto Market Shows Signs Of Recovery

Dogecoin price rose by 12.62 percent following Elon Musk’s tweet.

Bitcoin is showing signs of recovering to the $20,000 mark soon.

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Bitcoin (BTC) price showed some signs of recovery from its massive debacle over the weekend. The world’s oldest and most valued cryptocurrency grew by over 10 percent on Monday, subsequently resulting in a gain in values of most other major cryptocurrencies, including the likes of Ethereum (ETH), BNB, and Solana (SOL). Altcoin Dogecoin (DOGE) saw a gain of 12.62 percent after Tesla CEO Elon Musk came out in support of the meme-based coin, saying he will continue supporting and buying DOGE.

Bitcoin price today

At the time of writing, BTC price stood at $19,888.48, as per CoinMarketCap data, showing signs of recovering to the $20,000 mark soon. As per Indian exchange WazirX, Bitcoin price stood at Rs 16.47 lakhs. BTC saw a gain of 10.08 percent in the past 24 hours. Bitcoin price fell below $18,000 over the weekend.

ALSO SEE: Bitcoin Crash: BTC Price Falls Below $18,000, Ethereum Down 80 Percent In Freezing Crypto Winter

Ethereum price today

As per CoinMarketCap data, ETH price stood at $1,070.63. As per WazirX, Ethereum price stood at Rs 89,156.60. Ethereum saw a gain of 13.43 percent in the past 24 hours.

BNB price today

BNB price stood at $206.76, registering a 24-hour growth of 8.75 percent, as per CoinMarketCap. As per WazirX, BNB price stood at Rs 17,200.

Solana price today

Solana turned out to be another big gainer on Monday, seeing an impressive 9.29 percent gain over the past 24 hours, as per CoinMarketCap. SOL price stood at $32.03. As per WazirX, SOL price stood at Rs 2,685 at the time of writing.

Dogecoin price today

On June 19, Tesla CEO Elon Musk, who briefly adopted the nickname “Dogefather” to show his support for the altcoin, tweeted that he will continue supporting and buying DOGE. He also announced that DOGE could soon be used to buy Tesla and SpaceX merchandise.

ALSO SEE: 'Dogefather' Elon Musk Says He Will Keep Supporting And Buying Dogecoin

Following Musk’s tweet, DOGE price shot up 12.62 percent within 24 hours. As per CoinMarketCap, Dogecoin price stood at $0.05795. As per WazirX, DOGE price stood at Rs 4.81.