Bitcoin lingered near $23,3000 on Friday, after a report showed that US added more jobs last month than expected.
The largest currency was trading up by 4.2% to $23,467. The asset has lost some 66% of its value from lifetime highs of $69,000 in November. The second-largest cryptocurrency, ether was trading up 8.4% to $1,724.
Bitcoin prices held firm even as solana wallets were exploited in a multimillion-dollar hack. Solana’s token’s price fell 3% on Wednesday. Bitcoin has entered into an uptrend after it hit lows on July 13.
Other coins remained higher, with Polkadot and Aave gaining more than 5%. Bitcoin had its worst quarter in more than a decade in the second quarter.
Crypto companies have been selling off whatever assets they have to try to meet their liabilities which has put pressure on the broader market.
Read more: