However, the world's biggest and best-known cryptocurrency is down 12.4% from the year's high of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, rose 5.92% to $3,430 by 1000 GMT on Wednesday, adding $191.58 to its previous close.

(Reporting by Derek Francis in Bengaluru; Editing by Chris Reese)