Bitcoin rebounds after falling below $18,000

Bitcoin appears to be taking a welcome break for millions of investors.

The most popular cryptocurrency has regained some life: the price was at $19,735.89, up 4.4% in the last hour, according to data firm CoinGecko.

Bitcoin had fallen on June 18 to $17,677.43 before rebounding slightly to $18,290.75. The digital currency extended its recovery after billionaire and cryptocurrency evangelist Elon Musk tweeted that he was buying the Dogecoin meme coin.

“I will continue to support Dogecoin,” Musk wrote on June 19.

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