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Bitcoin rises 21 to reclaim 50000

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Illustration of cryptocurrency bitcoin is seen on this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration

Dec 12 (Reuters) – Bitcoin rose on Sunday to reclaim ranges above $50,000.

The world’s largest and best-known cryptocurrency gained 2.11% to $50,445.34 at 1803 GMT on Sunday, including $1,044.80 to its earlier shut.

Bitcoin is up 81.9% from the 12 months’s low of $27,734 on Jan. 4.

Ether , the coin linked to the ethereum blockchain community, rose 0.26% to $4,100 on Sunday, including $10.78 to its earlier shut.

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Reporting by Anirudh Saligrama in Bengaluru; Enhancing by Lisa Shumaker

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#Bitcoin #rises #reclaim

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