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Bitcoin rises 2.3% to $23,199

FILE PHOTO: A representation of bitcoin is seen in an illustration picture

(Removes extraneous word in para 3)

(Reuters) - Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is up 40.6% from the year's low of $16,496 on January 1.

Ether, the coin linked to the ethereum blockchain network, rose 0.58% to $1,668.1 on Saturday, adding $9.7 to its previous close.

(This story has been refiled to remove the extraneous word in paragraph three)

(Reporting by Jose Joseph in Bengaluru, Editing by William Maclean)