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A representation of the virtual cryptocurrency bitcoin is seen in this picture illustration taken on June 14, 2021. (Edgar Su/Reuters)
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Bitcoin Rises 7.1 Percent to $55,163

By Reuters
Reuters
Reuters
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October 7, 2021 Updated: October 7, 2021
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Bitcoin rose 7.11 percent to $55,162.92 at 20:01 GMT on Wednesday, adding $3,661.73 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 98.9 percent from the year’s low of $27,734 on Jan. 4.

Ether, the coin linked to the ethereum blockchain network, rose 2.15 percent to $3,591.72 on Wednesday, adding $75.63 to its previous close.

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