Bitcoin rises 6.8 % to $56,852.03


FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic

(Reuters) - Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close.

However, the world's biggest and best-known cryptocurrency is down 12.4% from the year's high of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, rose 5.92% to $3,430 by 1000 GMT on Wednesday, adding $191.58 to its previous close.

(Reporting by Derek Francis in Bengaluru; Editing by Chris Reese)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

   

Next In Tech News

U.S. SEC has begun probe of cyber breach by SolarWinds - sources
Factbox: India's new e-commerce rules that could jolt foreign, local players
GameStop raises more than $1 billion in latest share offer
Google gets EU antitrust probe into ad tech services
As Venezuela's economy regresses, crypto fills the gaps
Chinese tech names among the fastest growing valuable brands in the world but US companies still dominate
China’s TikTok gets its own web version as user growth plateaus, nearing the country’s total mobile user base
Bollore scores win as Vivendi investors back $39 billion Universal spin-off
Exclusive: Google drops engineering residency after protests over 'inequities'
Nokia will redesign offices as it adapts to more flexible work

Stories You'll Enjoy


Vouchers