Bitcoin rises 3.95% to $31,187

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Oct 23 (Reuters) – Bitcoin rose 3.95% to $31,187 at 17:05 GMT on Monday, adding $1,185 to its previous close. Bitcoin, the world’s largest cryptocurrency, is up 17.5% from the year’s low of $26,533 on October 11. Ether , the coin linked to the ethereum blockchain network, rose 1.39 % to $1,687.3 on Monday, adding $23.2 to its previous close. The rise in bitcoin sent shares of cryptocurrency and blockchain-related companies such as Coinbase Global (COIN.O) and Marathon Digital Holdings (MARA.O) up from 6.5% to 11.9%. Reporting by Kanjyik Ghosh in Bengaluru; Editing by Krishna Chandra Eluri Our Standards: The Thomson Reuters Trust Principles. Acquire Licensing Rights, opens new tab

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