Bitcoin extended its weekly gains on Friday, briefly topping $30,000 at one point as confidence a spot bitcoin ETF will soon be green lit grew.
extended its weekly gains on Friday, briefly topping $30,000 at one point, as confidence a spot bitcoin ETF will soon be greenlit grew and crypto investors continued weighing uncertainty in the U.S. and abroad.
The price of the flagship cryptocurrency was recently up 3.4% on Friday to $29,709.69, according to Coin Metrics. It's on pace for a 11% weekly gain, its best since June 23 when it added 17%. Earlier, it climbed as high as $30,193.87.added 3% to $1,616.17 on the day and was up 4.3% for the week. That puts it on pace for its best week since Sept. 29, when it gained 4.4%. On Friday, Ether rose to a high of $1,630.03.briefly topped 5% for the first time in 16 years.
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