Bitcoin rises 5 percent to $49,106

(Reuters) – Bitcoin rose 5.01 % to $49,106.4 at 22:04 GMT on Friday, together with $2,342.1 to its earlier shut.
Bitcoin, the world’s largest and best-known cryptocurrency, is up 77.4% from the 12 months’s low of $27,734 on Jan. 4.
Ether, the coin linked to the ethereum blockchain group, rose 3.03% to $3,281.82 on Friday, together with $96.64 to its earlier shut.

((*5*) by Radhika Anilkumar in Bengaluru; Editing by Sonya Hepinstall)

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