Bitcoin
and other cryptocurrencies were moving higher Friday, notching gains following a rollercoaster rally that gripped risk-sensitive assets on Thursday.
The price of Bitcoin has risen 3% over the past 24 hours to $19,600. The past day has taken the largest cryptocurrency on a wild ride, with Bitcoin plunging as low as $18,200—perilously close to its lowest level all year—before rallying higher again.
