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Cryptocurrencies higher across the board early Friday morning
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Bitcoin, Ethereum and Dogecoin were all higher early Friday morning as cryptocurrencies were following the U.S. stock market lead.
Bitcoin was trading at $37,915, up 4.29% Friday, while Ethereum was at almost $2,835 (+9.31%) and Dogecoin was above 14 cents per coin, up 3.55% in overnight trading, Coindesk reported.
FACEBOOK’S CRYPTOCURRENCY VENTURE TO WIND DOWN, SELL ASSETS
Metaverse-related tokens took a hit in the past two days as Meta, formerly known as Facebook, reported a $10 billion loss on its augmented and virtual reality division in an earnings release earlier this week, the report said.
The metaverse broadly refers to a virtual world in which people can interact as they do in the real world, but digitally.