Bitcoin rises 5% to $50,942.58
Bitcoin rose 5% to $50,942.58 on Wednesday, adding $2,426.23 to its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, has risen 83.7% from the year’s low of $27,734 on Jan. 4.
Bitcoin has fallen 12.7% from the year’s high of $58,354.14 on Feb. 21.
Ether, the coin linked to the ethereum blockchain network, rose 7.18 % to $1,595.64 on Wednesday, adding $106.84 to its previous close.
Reference: Reuters
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