/Bitcoin breaches $34,000 as rally extends into new year
Bitcoin breaches $34,000 as rally extends into new year

Bitcoin breaches $34,000 as rally extends into new year


Bitcoin breaches $34,000 as rally extends into new year
FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/File Photo (REUTERS)

The latest gains top an eye-popping rally for the controversial digital asset in 2020, which rebounded sharply after a severe crash in March that saw it lose 25% amid the coronavirus pandemic.
Bitcoin, the world’s largest cryptocurrency, topped $34,000, just weeks after passing another major milestone.
The currency gained as much as 7.8% to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore. It advanced almost 50% in December, when it breached $20,000 for the first time.
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