Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices traded past the key $47,000 level on Friday.
Ethereum (CRYPTO: ETH) also recorded gains, approaching the key $2,500 mark this morning.
Bitcoin (CRYPTO: BTC) edged higher, but the cryptocurrency prices traded below the key $43,000 level on Wednesday.
Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $2,300 mark this morning.
Major cryptocurrencies experienced a decline on Wednesday evening following Federal Reserve Chair Jerome Powell’s hawkish comments, which cooled expectations for an imminent rate cut.