Bitcoin passes $30,000 for the first time

Bitcoin, the leading virtual currency, saw its price pass $30,000 on Saturday for the first time in just its latest record high. The first decentralised cryptocurrency surpassed $30,823.30 at 1313 GMT, according to data compiled by the Bloomberg news agency, having broken $20,000 on December 16. Analyst Timo Emden noted that “the appetite for risk”, which is reflected in buying of bitcoin, “remains unshakeable”. “More historic highs could follow,” the Germany-based analyst added. Just 12 years old, bitcoin has seen a meteoric rise since March, when it stood at $5,000, spurred by online payment…

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