Skip to main content

Advertisement

Advertisement

Business

Bitcoin rises 7.07per cent to US$47,587.38

Bitcoin rises 7.07per cent to US$47,587.38

FILE PHOTO: Representations of cryptocurrency Bitcoin are seen in this picture illustration taken June 7, 2021. REUTERS/Edgar Su/Illustration

Bitcoin surged 7.07per cent to US$47,587.38 at 2200 GMT on Friday, adding US$3,142.93 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 71.6per cent from the year's low of US$27,734 on Jan. 4.

Ether, the coin linked to the ethereum blockchain network, rose 7.86per cent to US$3,284.18 on Friday, adding US$243.55 to its previous close.

(Reporting by Anirudh Saligrama in Bengaluru; Editing by Leslie Adler)

Source: Reuters

Advertisement

Also worth reading

Advertisement