Bitcoin bounces back with Dogecoin & Ethereum, Elon Musk, Jack Dorsey to the rescue

Bitcoin jumped back to over $32,000-level on Thursday after Dogefather Elon Musk revealed he owns the largest cryptocurrency along with Dogecoin and Ethereum. SpaceX and Tesla also own Bitcoins, Musk mentioned at a crypto event.

Musk, who is a big-time crypto markets influencer, said he might pump but he doesn't dump. He mentioned that after Tesla and SpaceX stocks, his biggest holdings are in cryptos.

Twitter co-founder Jack Dorsey said he has high hopes for the aspiring cryptocurrency Bitcoin. While speaking at 'The B Word' event, Dorsey said it was the most important thing in his life and that if he wasn't at Twitter or Square, he would be working on Bitcoin.

Bitcoin had slumped below $30,000, erasing all the gains it made this year.

Read/Watch Also: Start you crypto chat here