The price of Bitcoin spiked 10 percent early Friday as the cryptocurrency market bounced back from a bruising September as Other cryptocurrencies also shot up during the first hours of October. Ethereum and XRP both surged about 8 percent to $3,230 and $1.03, respectively. September was Bitcoin’s worst month since May. Bitcoin was trading at 48,226.57 late Friday afternoon, up about 10.5 percent from $43,650 at midnight, and 11.2 percent from the period 24 hours prior, according to Coinbase data.
