Why Bitcoin, Coinbase, and Silvergate All Bounced Back on Friday

Why Bitcoin, Coinbase, and Silvergate All Bounced Back on Friday
·2 min read

A wild week of ups and downs continued on Friday in the cryptocurrency market but this time there were some positive moves, at least in stocks. Bitcoin (CRYPTO: BTC) was still down 3.5% in the last 24 hours as of 1:45 p.m. ET, but it's now down just 0.6% over the past week. On the positive side, Coinbase Global (NASDAQ: COIN) shares jumped as much as 10.5% and are currently trading 4.4% higher for the day.