On Friday, Bitcoin enjoyed its highest jump in 6 months. Bitcoin’s dollar value reached over $21,000, a near 10 % increase compared to Thursday’s value.
Bitcoin is the largest cryptocurrency and has been struggling with the current economic situations and market crash in the crypto world. The crypto giant enjoyed a rally on Friday as the U.S. dollar weakened.
The second largest cryptocurrency company, Ether, also saw an increase on Friday. Ether’s price rose approximately 5% to over $1,700.
Experts are waiting for Ether’s big network upgrade next week known as the “Merge, “ which could boost the company’s efficiency and value.
Both of these companies look to build on this momentum heading into next year with economic circumstances around the world expected to get better.
