| UPDATED: 10:49, Sat, Feb 13, 2021
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Bitcoin history is directly tied in with the global financial system, with its value being derived from huge, arguably reckless, changes to the financial status quo. The initial creation of Bitcoin and indeed, many other crypto currencies, was in a rebellious response to the 2008 financial crisis.
Bitcoin rally continues; breaches $34,000 mark
On Saturday Bitcoin surpassed the $30,000-mark for the first time. The price of the world s most popular cryptocurrency traded as high as $31,584 before settling down around $30,800
BusinessToday.In | January 3, 2021 | Updated 15:05 IST
The cryptocurrency gained as much as 7.8 per cent to $34,182.75 in Singapore on January 3
Continuing its upward rally, Bitcoin touched another record high of $34,000 on Sunday. The cryptocurrency gained as much as 7.8 per cent to $34,182.75 in Singapore on January 3.
On Saturday Bitcoin surpassed the $30,000-mark for the first time. The price of the world s most popular cryptocurrency traded as high as $31,584 before settling down around $30,800.