Bitcoin price jumps above $39,000; ether, dogecoin rise. Check latest crypto rates

Cryptocurrencies were trading with gains on Monday after Elon Musk on Sunday said that Tesla will use Bitcoin when mining cleaner, sending the cryptocurrency’s price over $39,000 level.

As per CoinDesk, Bitcoin surged over 10% in the last 24 hours to trade $39,794.57, adding $3,404 to its previous close. Ether, the coin linked to the ethereum blockchain network, jumped around 5% to trade near $2,500 level while Dogecoin was trading at $0.32. Other digital coins like XRP, Litecoin also rose over 5% in the last 24 hours.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 40.7% from the year’s low of $27,734 on Jan. 4.