Bitcoin and Ether rebounded Friday morning in Asia along with all of the top 10 non-stablecoin cryptocurrencies. Cardano and Ripple led the gains. Investors seemed to see lower-price opportunities in the declines on Thursday when weak retail data renewed concerns about a recession in the U.S., mixed in with hawkish comments from the Federal Reserve and the possibility of more bankruptcies in the industry amid the woes of Digital Currency Group. The total crypto market capitalization over the 24 hours grew 1.21% to US$979.67 billion, while trading volume fell 33% to US$41.05 billion. (forkast)
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Markets: Bitcoin Bounces Back Above US$21,000, Cardano Gains on CoinDesk Speculation
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