Bitcoin Rejected at $44K: Dogecoin Sees Monthly High Following Tesla News (Market Watch)

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While bitcoin and most altcoins are deep in red today, Dogecoin stole the show with a double-digit surge after a Tesla announcement.

Bitcoin failed at conquering $44,000, and the subsequent rejection drove it south by $2,000. Most altcoins are also well in the red today, with Dogecoin being among the few exceptions. DOGE jumped by double-digits following news from Tesla.After the latest price drop on Monday, in which the primary cryptocurrency dumped below $40,000 for the first time in nearly four months, the asset started to reclaim value somewhat rapidly.

Instead of heading further north, bitcoin dumped by more than $2,000 in hours. As of now, BTC has reclaimed a few hundred dollars, but it’s still around 3% down on the day.CMO - A really good agencyThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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