01-01-1970 12:00 AM | Source: Reuters
Bitcoin up 10 percent, on course for its biggest daily rise since April
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LONDON - Bitcoin rallied 10 percent on Wednesday to more than $4,100, putting it on course for its biggest daily rise since mid-April as it pulled itself out of a recent slump.
The world's biggest and best-known cryptocurrency hit a daily high of $4,157, its strongest in four days on the Bitstamp exchange. Other cryptocurrencies also rose.
Bitcoin has lost more than a third of its value in the last two weeks amid heavy selling pressure.
(Reporting by Tommy Reggiori Wilkes; Editing by Saikat Chatterjee)
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