Bitcoin rises 5.6% to $ 49,337.72 by Reuters

© Reuters. FILE PHOTO: A representation of the Bitcoin virtual currency is seen in front of a stock chart in this illustration taken January 8, 2021. REUTERS / Dado Ruvic

(Reuters) – rose 5.63% to $ 49,337.72 at 8:00 a.m. GMT on Sunday, adding $ 2,628.83 to its previous close. Bitcoin, the world’s largest and best-known cryptocurrency, is up 77.9% from its year’s low of $ 27,734 on Jan.4, and up 24% from its high. The year of $ 64,895.22 reached April 14. Ether, the coin linked to the Ethereum blockchain network, rose 6.1% to $ 3,868.42 at 8:00 a.m. GMT on Sunday, adding $ 222.41 to its previous close.

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