Cryptocurrencies continued to make gains on Friday and Bitcoin again reached a high last seen in May 2022.
Although United States authorities recently imposed penalties against the globe's largest cryptocurrency Binance and charged its CEO Changpeng Zhao, optimism about wider acceptance of digital currencies by commercial banks in Europe seemingly outweighed those concerns.
Bitcoin was up 2.94% to $38,397 at 10:41 am ET and Ethereum increased by 3.26% to $2,130 at the same time.
