Bitcoin rises back above $50,000


FE Team | Published: September 06, 2021 10:04:02 | Updated: September 08, 2021 10:10:29


A representation of the Bitcoin cryptocurrency — Reuters/Files

Bitcoin rose 0.49 per cent to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close.

The world's biggest and best-known cryptocurrency is up 81 per cent from this year's low of $27,734 on January 4.

Ether, the coin linked to the ethereum blockchain network, rose 1.16 per cent to $3,932.07 on Sunday, adding $44.97 to its previous close.

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