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Bitcoin Scrambles to Close October in Green as 2018 Sell-Off Shadows Loom

Bitcoin Scrambles to Close October in Green as 2018 Sell-Off Shadows LoomThe Defiant1 min read
Bitcoin Scrambles to Close October in Green as 2018 Sell-Off Shadows Loom

Crypto markets quickly rebounded on Friday after Thursday’s sharp sell-off as traders digest a cautiously optimistic outcome from the Trump-Xi meeting in Busan.

After Bitcoin (BTC) briefly dipped below $107,000 during the session, it recovered Friday morning to trade just above $110,000 at press time, up 2.7% on the day. Ethereum (ETH) is also up about 2.5% on the day, trading near $3,870, down almost 10% on the month.

BNB (BNB) saw the smallest 24-hour gains among large-caps, up just 0.1%. Others in the top-10 assets by market capitalization like XRP (XRP), Solana (SOL) and Dogecoin (DOGE) are all seeing moderate gains today between 1.5% and 3%.

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