Bitcoin saw a strong recovery on Monday, after the currency hit a slump in market momentum last week owing to macro-economic conditions that imposed selling pressure on investors. At present, Bitcoin is trading at $62,796 (roughly Rs. 52.4 lakh) after seeing a price rise of 4.82 percent over the last 24 hours. The asset is trading at $66,037 (roughly Rs. 55 lakh) on national exchanges like WazirX, with an increase of four percent since Sunday. Ether joined BTC on the route to recovery. Ether, at the time of writing, is trading at $3,331 (roughly Rs. 2.78 lakh) on international exchanges after seeing a gain of 4.11 percent in the last 24 hours.
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