Bitcoin rises 6.54% to $57,098.08

(Reuters) - Bitcoin rose 6.54% to $57,098.08 on Friday, adding $3,504.11 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 105.9% from the year's low of $27,734 on Jan. 4. It is down 12% from the year's high of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, rose 1.06 % to $2,787.35 on Friday, adding $29.29 to its previous close.

(Reporting by Kanishka Singh in Bengaluru; Editing by Leslie Adler)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Analyst sees Bitcoin hitting $227K-$378K amid monetary scarcity, gold flows
• SuRo Capital’s Willy Lee on SpaceX IPO demand and why AI valuations still hold up
• S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus