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Crypto rallies into weekend, bitcoin heads for its best week since early 2021

From cnbc.com

Cryptocurrencies resumed their rally on Friday, climbing above the $26,000 for the second time this week. Bitcoin was last higher by 6.8% and trading at $26,709.00, according to Coin Metrics. It’s headed for its best week since January 2021, which was right before the first bull run that year. Ether rose 3.5% to $1,744.24 and is on pace for its best week since August 2021. Prices kept climbing even as Dow and S&P 500 futures fell Friday morning, as traders digested the future of Credit Suisse. The bank’s fate continued to weigh on investors even after the embattled lender said it will borrow up to 50 billion ... (full story)

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  • Category: Fundamental Analysis