Bitcoin climbs above $20,000 first time in over two months

On Saturday, Bitcoin surpassed $20,000 for the first time in more than two months.

The biggest and most well-known cryptocurrency in the world, Bitcoin, increased $922 from its previous closing to gain 4.6% and reach $20,853 at 01:00 GMT on Saturday.

Since January 1's low of $16,496 for the year, the cryptocurrency has increased by 26.4%.

The price of Ether, the cryptocurrency connected to the Ethereum blockchain network, increased by $85.90 to $1,536.3 on Saturday.