Bitcoin rises 9.2% to $27,359

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken

(Reuters) – Bitcoin surged 9.2% to $27,359 at 2207 GMT on Friday, adding $2,309 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 65.9% from the year’s low of $16,496 on Jan. 1.

Ether, the coin linked to the ethereum blockchain network, rose 5.5% to $1,768.5 on Friday, adding $91.6 to its previous close.

(Reporting by Yana Gaur in Bengaluru; Editing by Maju Samuel)

Reuters

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