Ethereum extends gains to rise 8%; bitcoin firms

Bitcoin rises 6.8 % to $56,852.03

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At 1000 GMT GMT, Bitcoin rose 6.8% to US$56,852.03, an increase of US$3,622.23 from the previous closing price.

However, the world’s largest and most well-known cryptocurrency is down 12.4% from the year’s high of $64,895.22 on April 14.

As of 1000 GMT GMT on Wednesday, the token Ether linked to the Ethereum blockchain network rose by 5.92% to $3,430, an increase of $191.58 from the previous closing price.

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