Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.

Alternative cryptocurrencies, or altcoins, lead the digital asset market's charge higher on Friday after geopolitical worries subsided and a blowout U.S. jobs report put recession fears to bed for now.

Artificial intelligence-focused protocol Bittensor's {{TAO}}, Render's (RNDR) tokens rallied 14% and 8% over the past 24 hours, while the CoinDesk Computing Index, which tracks several AI-related tokens, was the biggest gainer among crypto sectors.

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