Bitcoin rises 6.8% to $46,943

January 8, 2024 4:20 PM EST

Representation of the bitcoin cryptocurrency and a price chart are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Bitcoin rose 6.8% to $46,943 at 21:11 GMT on Monday, adding $2,999 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 13.2% from the year's low of $41,454 on Jan. 3.

Ether, the coin linked to the ethereum blockchain network, rose 5% to $2,338.6 on Monday, adding $115.8 to its previous close.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Shailesh Kuber)



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