Bitcoin surges 5.56% to $27,171

June 6, 2023 4:13 PM EDT

FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic

(Reuters) - Bitcoin rose 5.56% to $27,171 at 19:57 GMT on Tuesday, adding $1,432 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 64.7% from the year's low of $16,496 on January 1.

Ether, the coin linked to the Ethereum blockchain network, rose 4.72% to $1,896.1 on Tuesday, adding $85.4 to its previous close.

(Reporting by Yana Gaur in Bengaluru; Editing by Krishna Chandra Eluri)

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