Bitcoin trading at $32,990 after recording high of $34,800 on Sunday

Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday

bitcoin, cryptocurrency, digital
Representative photo
Reuters TOKYO
1 min read Last Updated : Jan 04 2021 | 8:08 AM IST

TOKYO (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday.

The digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method.

The latest milestone for the world's most popular cryptocurrency comes less then three weeks after it crossed $20,000 for the first time ever on Dec. 16.

 

 

(Reporting by Kevin Buckland; Editing by Jacqueline Wong)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :BitcoinBitcoin tradingcryptocurrency

First Published: Jan 04 2021 | 8:00 AM IST

Next Story