Bitcoin surges 8.3% above $24,000

(Reuters) -Bitcoin surged 8.31 % to $24,057 at 2038 GMT on Wednesday, adding $1,846 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, was up 45.8% from the year's low of $16,496 on Jan. 1.

Ether, the coin linked to the ethereum blockchain network, rose 6.91% to $1,664.1 on Wednesday, adding $107.5 to its previous close.

(Reporting by Jose Joseph in Bengaluru; Editing by Shinjini Ganguli and Shailesh Kuber)

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