Bitcoin's swift recovery to a bullish weekly close 'sets up the possibility the next higher low is already in place ahead of the next major upside extension to a fresh record high,' said LMAX Group market strategist Joel Kruger.
Grayscale's bitcoin ETF, GBTC, received a $63 million inflow on Friday, ending a 4-month streak of outflows since its conversion to a spot ETF structure in January.
Bitfinex's CTO Paolo Ardoino dismissed a security breach as 'fake' after a hacker group leaked a database of alleged user information, highlighting that the information was likely recycled from unrelated data thefts.
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