The value of the world's largest crypto token Bitcoin continued to grow on Friday, appreciating close to $1,000 in the past few hours.
The excitement appeared to be driven by the increasing interest in high-risk assets following the approval of ETFs, which seemed to propel crypto-related stocks to join the trend, with Coinbase Global Inc. jumping by 3.79%.
Bitcoin jumped 5.16% to briefly hit $42,012.21 at 12:00 pm ET. At the same time, Ethereum rose 2.72% to trade at $2,278.26.