Bitcoin and ether prices surged significantly during a week that included somewhat optimistic inflation statistics and Ethereum’s long-awaited Shapella upgrade.
Bitcoin (BTC) is currently trading at $30,450, up 0.4% in the last 24 hours and up more than 9% for the week.
The largest cryptocurrency by market capitalisation broke beyond $31,000 earlier in the day before falling back during the day.
Ether (ETH) gained 5.4% on Friday, closing at $2,105. It is up more than 12% for the week.
BTC has risen since January, and the Shapella upgrade is the first real sign of life returning to the Ethereum market following last month’s financial crisis.
