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Bitcoin rises 3.4% to $24,584

At 1707 GMT on Saturday, bitcoin increased 3.36 percent to $24,584.24, gaining $798.93 from its previous close. The biggest and most well-known cryptocurrency in the world, Bitcoin, has increased by 39.7% from its June 18 year low of $17,592.7.

Ether , the coin linked to the ethereum blockchain network,rose 0.61 % to $1,734.08 on Saturday, adding $10.46 to its previous close.