Bitcoin jumps to start October and analysts see strong fourth-quarter ahead for crypto

So-called blockchain bridges have become a prime target for hackers seeking to exploit vulnerabilities in the world of decentralized finance.
Jakub Porzycki | NurPhoto | Getty Images

Cryptocurrencies got off to a rough start for the third quarter but ended with solid gains, overcoming a raft of negative headlines on the space.

And prices were hopping on the first day of October as investors bet on a fourth-quarter run. Bitcoin popped about 8% to above $47,000 on Friday, according to Coin Metrics. Ethereum jumped 9%.

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