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Bitcoin rises 5.17% to $59,609

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris

(Reuters) - Bitcoin, the world's biggest and best-known cryptocurrency, rose 5.17% to $59,609 at 2013 GMT on Friday.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 54.8% from the year's low of $38,505 on January 23.

(Reporting by Rishabh Jaiswal in Bengaluru; editing by Diane Craft)