Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Bitcoin rises 8% to $48,861.48

03/01/2021 | 05:27pm EDT
FILE PHOTO: A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration

(Reuters) - Bitcoin rose 8 % to $48,861.48 on Monday, adding $3,620.52 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, has risen 76.2% from the year's low of $27,734 on Jan. 4.

Bitcoin, the world's biggest and best-known cryptocurrency, has fallen 16.3% from the year's high of $58,354.14 on Feb. 21.

Bitcoin's price soared this year as major firms, such as BNY Mellon, asset manager BlackRock Inc, credit card giant Mastercard Inc, backed cryptocurrencies, while those such as Tesla Inc Square Inc and MicroStrategy Inc invested in bitcoin.

Ether, the coin linked to the ethereum blockchain network, rose 8.74 % to $1,546.06 on Monday, adding $124.29 to its previous close.

(Reporting by Bhargav Acharya in Bengaluru; Editing by Chris Reese)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO -2.83% 51360.78 Real-time Quote.117.55%
BITCOIN - UNITED STATES DOLLAR -2.70% 61522.62 Real-time Quote.112.95%
ETHEREUM (ETH/EUR) -3.58% 2028.99 Real-time Quote.237.45%
ETHEREUM - BITCOIN -1.07% 0.03941 Real-time Quote.54.76%
ETHEREUM - UNITED STATES DOLLAR -3.49% 2429.3 Real-time Quote.230.27%
MASTERCARD INCORPORATED -0.08% 386.17 Delayed Quote.8.28%
Latest news "Economy & Forex"
09:37aSOLARWINDS  : hacking campaign puts Microsoft in hot seat
AQ
09:05aBritish fintech Revolut on path to $10 billion valuation with new funding - Sky News
RE
08:30aAnt group is exploring options for founder jack ma to divest his stake and give up control-sources
RE
08:30aOfficials from people's bank of china and china banking and insurance regulatory commission held talks with ant, ma earlier this year-sources
RE
08:30aAnt denies that a divestment of ma's stake is under consideration
RE
08:30aAnt started working on options for ma's possible exit about a couple of months ago-source
RE
08:22aIran identifies suspect behind blast at Natanz nuclear site
RE
08:08aSOLARWINDS  : DOJ Takes Novel Action To Remove State-Sponsored Hacking Group's Malicious Code From U.S. Victim Computers
AQ
07:55aJailed Kremlin critic Navalny at growing risk of kidney failure - medics union
RE
07:46aU.S. stops short of branding Vietnam, Switzerland, Taiwan currency manipulators
RE
Latest news "Economy & Forex"