Bitcoin jumps to start October and analysts see strong fourth-quarter ahead for crytpo – CNBC


Representation of Ethereum cryptocurrency is seen in this illustration photo taken in Sulkowice, Poland on August 12, 2021.

Jakub Porzycki/NurPhoto | Getty Images

Cryptocurrencies got off to a rough start for the third quarter but ended with solid gains, overcoming a raft of negative headlines on the space.

And prices were hopping on the first day of October as investors bet on a fourth-quarter run. Bitcoin popped about 7% to just about $47,000 on Friday, according to Coin Metrics. Ethereum jumped 6%.

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