Bitcoin rises 5 percent to $49,106

Aug 20 (Reuters) – Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, including $2,342.1 to its earlier shut.

Bitcoin, the world’s largest and best-known cryptocurrency, is up 77.4% from the 12 months’s low of $27,734 on Jan. 4.

Ether , the coin linked to the ethereum blockchain community, rose 3.03% to $3,281.82 on Friday, including $96.64 to its earlier shut.

Reporting by Radhika Anilkumar in Bengaluru;Enhancing by Sonya Hepinstall

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