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Bitcoin rises 6.8 % to $56,852.03

Stock Markets May 05, 2021 06:16PM ET
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© Reuters. 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.

Bitcoin rises 6.8 % to $56,852.03
 

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