Bitcoin rises 5 percent to $49,106

Bitcoin rises 5 percent to $49,106
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A illustration of cryptocurrency Bitcoin is seen on this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration

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.

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Reporting by Radhika Anilkumar in Bengaluru;Enhancing by Sonya Hepinstall

Our Requirements: The Thomson Reuters Belief Rules.

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