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Cryptos rebounded across the board! Bitcoin once surpassed $62,000.
Cryptos rebounded from the heavy sell-off earlier this week and Bitcoin broke through $62,000 on Friday.
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Bitcoin rebounded after a sharp drop and returned to above $0.06 million.
Cryptocurrencies have rebounded from the significant sell-off earlier this week, with Bitcoin returning to above $0.06 million on Thursday night. According to Coin Metrics, the price of Bitcoin has recently risen by 11%, reaching $61,232.36, surpassing the resistance level of $55,000 for most of this year. Ethereum also rose 12% to $2,644.90. The stock price of Coinbase, the largest cryptocurrency exchange in the USA, rose 7.5% on Thursday, while the stock price of Bitcoin 'whale' Microstrategy rose 9%. Both companies' stocks traded higher after hours.
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