Bitcoin rises 9.2% to $27,359 By Reuters

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© Reuters. FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic//File Photo

(Reuters) – surged 9.2% to $27,359 at 2207 GMT on Friday, adding $2,309 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 65.9% from the year’s low of $16,496 on Jan. 1.

Ether, the coin linked to the ethereum blockchain network, rose 5.5% to $1,768.5 on Friday, adding $91.6 to its previous close.

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