News: Bitcoin rises 4.2% to $50,947.94.
(Reuters) – Bitcoin rose 4.18% to $ 50,947.94 on Sunday, increasing the previous closing price by $ 2,043.31.
Bitcoin, the world’s largest and best-known cryptocurrency, is up 83.7% from its annual low of $ 27,734 on Jan. 4. The currency’s high for that year was $ 58,354.14 on Feb.21.
Reporting by Ismail Shakil in Bengaluru; Adaptation by David Goodman
Original Source © Reuters