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Bitcoin rises 5% to US$51,711

Bitcoin rises 5% to US$51,711

File photo. (Photo: Reuters/Dado Ruvic)

Bitcoin rose 5.01 per cent to US$51,711.21 at 22:01 GMT on Tuesday (Oct 5), adding US$2,469.07 to its previous close.

Bitcoin, the world's best-known cryptocurrency, is up 86.4 per cent from the year's low of US$27,734 on Jan 4.

Ether, the coin linked to the ethereum blockchain network, rose 4.54 per cent to US$3,537.56 on Tuesday, adding US$153.68 to its previous close.

Source: Reuters/aj

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