Bitcoin rises back above $50,000

Bitcoin rises 7.07% to $47,587.38

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Bitcoin surged 7.07% to $47,587.38 at 2200 GMT on Friday, adding $3,142.93 to its previous close.

Bitcoin is the world’s largest and most famous cryptocurrency, which is up 71.6% from the year low of $27,734 on January 4.

Ethereum, a token related to the Ethereum blockchain network, rose 7.86% to 3,284.18 US dollars on Friday, an increase of 243.55 US dollars from the previous closing price.

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