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in Tech

Cryptocurrencies cap a winning week, bitcoin tops $30,000 on ETF optimism and flight to safety

by Editor October 22, 2023, 11:44 am 1.6k Views

Cryptocurrencies cap a winning week, bitcoin tops $30,000 on ETF optimism and flight to safety

Bitcoin extended its weekly gains on Friday, briefly topping $30,000 for the second time this week, 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 last higher by 2.76% on Friday at $29,538.99, according to Coin Metrics. It ended the week with a 10.4% gain, making it its best week since June 23 when it added 17%….

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