Bitcoin rises 4.2% to $50,947.94

Bitcoin rises 4.2% to $50,947.94

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

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