Bitcoin rises 5.6% to $49,337.72

(Reuters) - Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, adding $2,628.83 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency is up 77.9% from the year's low of $27,734 on Jan. 4, and down 24% from the year's high of $64,895.22 hit on April 14.

Ether, the coin linked to the ethereum blockchain network, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, adding $222.41 to its previous close.

(Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)

You May Also Be Interested In

• Mexico's America Movil Q1 net profit tumbles over 50% year-on-year
• Britain condemns West Bank killings, calls to 'restore calm'
• No reports of drones or missiles launched from Iraq during Iran's attack on Israel, PM says