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Bitcoin rises to new high for the year Friday above $38,000

Bitcoin rises to new high for the year Friday above $38,000

Yuichiro Chino | Moment | Getty Images

Crypto prices have recovered from a big dip earlier in the week, with bitcoin hitting a new high for 2023 on Friday.

Bitcoin was last higher by 1.42% at $37,862.76 for the first time since May 2022, according to Coin Metrics. It’s on pace to end the week higher by 3.9%. Coin Metrics measures a week in crypto, which trades 24 hours a day, from 4:00 p.m. ET on a given Friday to the same time the following…


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