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Bitcoin surges 7.07% to $47,587.38

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

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Bitcoin, the world's biggest and best-known cryptocurrency, is up 71.6% from the year's low of $27,734 on Jan. 4.

Ether , the coin linked to the ethereum blockchain network, rose 7.86% to $3,284.18 on Friday, adding $243.55 to its previous close.

SOURCE: REUTERS

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