Cryptocurrency prices today: Elon Musk’s statement boosts Bitcoin, other virtual coins

The value of popular cryptocurrencies including Bitcoin and Ether have jumped sharply following Tesla CEO Elon Musk's statement. Check the latest cryptocurrency prices and trends.

A day after recovering sharply from the week-long slump, cryptocurrencies improved their position further as the virtual coin market saw higher buying activity on Thursday. Cryptocurrency Price (US Dollar) 24-hour change Market cap (Billion) Volume (24 Hours) Bitcoin 32,012.09 3.68% $600.79 $27.03 billion Ether 1,984.69 5.76% $231.79 $24.92 billion Dogecoin 0.192449 6.50% $25.09 $4.17 billion Litecoin 118.26 5.35% $8.06 $1.67 billion XRP 0.585495 6.79% $58.58 $2.24 billion Cardano 1.17 2.47% $37.81 $1.89 billion However, the reason behind the sharp rise in valuation today is a statement from Tesla CEO Elon Musk that propelled the value of Bitcoin, the world’s most popular cryptocurrency. Most other virtual coins piggybacked on Bitcoin’s gains.