Bitcoin, the world's biggest and best-known cryptocurrency, is up 2.4% from the year's low of $36,146.42.

Ether, the coin linked to the ethereum blockchain network, dropped 12.27% to $2,631.35 on Friday, losing $368.18 from its previous close.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Sriraj Kalluvila)