Bitcoin recorded a sharp rebound on Monday, with its price soaring to a one-month peak surpassing $38,000, as electric car manufacturing company, Tesla reiterated its support for the world’s leading cryptocurrency.
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The cryptocurrency rose by 10.6 percent to hit $38,145 at about 0850GMT, as investors lauded the supportive remarks from Tesla Chief Executive Officer, Elon Musk.
More to follow . . .
