Bitcoin has surged above $30,000 for the first time, extending a record-breaking rally that saw the cryptocurrency increase by more than 300 per cent last year.
With trading in mainstream financial markets yet to get going in 2021, bitcoin has resumed its dizzying ascent, rising 18 per cent in the first few days of January to top $34,000 by Sunday morning.
The rally has fed concerns that bitcoin is set to repeat the events of three years ago, when a bull market dramatically…
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