Bitcoin jumps to start out October after cryptocurrencies wrap up a powerful third quarter

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

Jakub Porzycki/NurPhoto | Getty Photographs

Cryptocurrencies received off to a tough begin for the third quarter however ended with strong positive aspects, overcoming a raft of unfavorable headlines on the area.

And prices have been hopping on the primary day of October as traders guess on a fourth-quarter run. Bitcoin popped about 7% to simply about $47,000 on Friday, in response to Coin Metrics. Ethereum jumped 6%.

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