Bitcoin Rises 7.1 Percent to $55,163

Bitcoin Rises 7.1 Percent to $55,163
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 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.