Bitcoin price touches record above $29,000, extending 2020 rally
Bitcoin price topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world`s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged by nearly half since breaking $20,000 for the first time on Dec. 16.
Recent gains have taken bitcoin market capitalization past $536 billion, according to industry website CoinMarketCap https://coinmarketcap.com. Reuters