The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore
The latest gains top an eye-popping rally for the controversial digital asset in 2020
It has surged by nearly half since breaking $20,000 for the first time on Dec. 16
Despite the investment in bitcoin by trimming exposure to gold, Wood still continues to remain bullish on the yellow metal
The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg
Listen to the podcast to know about the massive rally in Bitcoin's price and does it stand a chance to replace gold as an investment bet?
Breaches $13,000, experts feel this will bolster acceptance of crypto in India
There were some expectations that bitcoin would soar, similar to what happened after the two previous adjustments as the "halving" effectively decreased its supply
Dorsey has also hired Bitcoin developers for his payments company, Square
The largest digital token, trading around $7,200, has posted gains of more than 9,000,000 per cent since July 2010, according to data compiled by Bloomberg.
Other cryptocurrencies like Ethereum and Ripple also rose sharply