Bitcoin rises 6.9% to $22,717

Bitcoin rose 6.85% to $22,717.05 at 22:05 GMT on Wednesday, adding $1,457.27 to its previous close.

Bitcoin, the world’s biggest and best-known cryptocurrency, is up 29.1% from the year’s low of $17,592.78 on June 18.

Ether , the coin linked to the ethereum blockchain network, rose 11.39% to $1,614.99 on Wednesday, adding $165.15 to its previous close.