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