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Bitcoin rises 4.2pc to $50,947.94

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A collection of bitcoin (virtual currency) tokens are displayed in this picture illustration taken Dec 8, 2017 — Reuters/Benoit Tessier/Illustration/File Photo

Bitcoin rose 4.18 per cent to $50,947.94 on Sunday, adding $2,043.31 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 83.7 per cent from the year’s low of $27,734 on Jan 4. The currency’s peak this year was $58,354.14 on Feb 21.

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