Cryptocurrency prices today were mixed with Bitcoin trading below $48,000. The largest cryptocurrency by market capitalization jumped by about $2,500 within a matter of minutes on Friday and was trading around $48,000 for most of the weekend, having spent more than a week before that in the lower $40,000s.

Bitcoin prices today were marginally higher at $47,946. The world’s largest cryptocurrency by market capitalization is up 65% this year (year-to-date), and much below its record of near $65,000 it had hit in April. 

Ether, the coin linked to ethereum blockchain and the second largest crypto, plunged over 1% to $3,378. Cardano prices also fell to $2.22 whereas dogecoin rose marginally to $0.22. The performance of other digital tokens including XRP, Litecoin, Stellar were also mixed over the last 24 hours.

Bitcoin rose on Friday to its highest level since around mid-September, bolstered in part by seasonal factors as well as supportive comments overall from Federal Reserve Chairman Jerome Powell on Thursday.

Bitcoin was hit on multiple fronts in September, including a botched roll-out of the coin as legal tender in El Salvador and tightening of regulatory oversights in the US and China. It delivered a negative return for the fifth straight year for the 30-day period last month. The crypto asset has been on a losing streak in
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