Bitcoin scored a great week as banks sold off. Can it last?
capped a week of gains on Friday by hitting a nine-month high, although not all crypto-related products have emerged unaffected by the market turmoil .
At 5pm on Friday, Bitcoin was trading at $26,791.16, up 8.46%, marking the highest 5pm level since June. (It was trading at $27,460.70 early Saturday.) Ethereum and Dogecoin are up 5.1% and 7% respectively. All three have traded higher every day for the past week. Likewise, the cryptocurrency exchange platform
(ticker: COIN) has increased by more than 37% in the past five days.