Why Bitcoin, Ethereum, and Dogecoin Jumped Today
The ups and downs of the cryptocurrency market continued again on Friday but this time the news was somewhat positive. After falling for most of the week, crypto prices have trended higher starting late Thursday night and into Friday morning.
As of 11 a.m. ET on Friday, Bitcoin (CRYPTO: BTC) was trading at $58,089, up 4.4% from its low on Thursday but down 0.9% in the last 24 hours. Zooming out, Bitcoin is down 10.4% over the past week, so the trend was definitely lower this week.
Cryptocurrencies are having another volatile day on Friday but this time after a week of falling prices, most cryptocurrencies are moving to the upside.
Source Fool.com
