Bitcoin last up 5.7% at $39,862.84

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FILE PHOTO: Representation of cryptocurrency Bitcoin is seen in this illustration

(Reuters) – Bitcoin rose 5.7% to $39,862.84, on Wednesday, adding $2,102.94 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 20.9% from the year’s low of $32,950.72 on January 24.

Ether, the coin linked to the ethereum blockchain network, surged 6.27 % to $2,954.49 on Wednesday, adding $174.32 to its previous close.

(Reporting by Rhea Binoy in Bengaluru; editing by Diane Craft)

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