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  • Yeah.

  • Investors kept betting Monday that Bitcoin was on its way to becoming a mainstream asset.

  • It traded a close to $33,400 in Asia in early trade after it reached a record high of $34,800 on Sunday.

  • The latest milestone for the world's most popular crypto currency came less than three weeks after it crossed $20,000 for the first time overall.

  • Since March, Bitcoin has surged 800% in value.

  • Some investors see Bitcoin as a hedge against the risk of inflation is global.

  • Authorities turn on the stimulus taps to cope with the economic damage of the health crisis.

  • Others see it as a safe haven assets similar to gold.

  • Bitcoin's growth also reflects expectations it will become a mainstream payment method, with PayPal opening its networks cryptocurrencies.

  • Larger US traders are also drawn to the idea of quick gains.

  • Bitcoins trade on a number of exchange is one of the largest is coin base, which is preparing to go public.

  • If it goes ahead, it would become the first major US crypto currency exchange to list on Wall Street.

  • It's not just Bitcoin that has hit record highs either.

  • The second biggest crypto currency, Ethereum, shot to a record of just over $1000 on Sunday.


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B1 crypto currency record sunday exchange mainstream

Bitcoin trades near Sunday record

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    林宜悉 posted on 2021/01/06
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