Bitcoin topped the key psychological level of $30,000 as investors awaited key inflation data later in the week that could steer crypto prices.
Ether is trading at a nine-month high as investors expect a major network upgrade to add stability and credibility to the cryptocurrency.
Investors were weighing the latest financial woes at Silvergate and what a potential bankruptcy at the crypto bank could mean for the broader crypto industry.
Bitcoin and ether are on pace for a modest February win, even after suffering a big drop earlier in the month.
The price of ether fell on Friday, as fears about a U.S. regulatory crackdown on crypto staking weighed on investors.