Bitcoin rises 5.5% to $19,897

Bitcoin climbs above $20,000 first time in over two months

© Reuters. FILE PHOTO: A representation of bitcoin is considered in an illustration portray taken on June 23, 2017. REUTERS/Benoit Tessier/File Describe
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(Reuters) -Bitcoin rose on Saturday above $20,000 for first time in over two months.

Bitcoin, the sphere's most sharp and most sharp-diagnosed cryptocurrency, rose 4.6% to $20,853 at 01:01 GMT on Saturday, adding $922 to its old shut.

The cryptocurrency is up 26.4% from the year's low of $16,496 on January 1.

Ether, the coin linked to the ethereum blockchain community, rose 5.91 % to $1,536.9 on Saturday, adding $85.90 to its old shut.

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