Bitcoin, the world's biggest and best-known cryptocurrency, is up 30.8% from the year's low of $27,734 on Jan. 4.

Ether, the coin linked to the ethereum blockchain network, rose 2.29 % to $2,566.4 on Wednesday, adding $57.55 to its previous close.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Leslie Adler)