Digital currency Bitcoin extended its record smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method.
The price of the world’s most popular cryptocurrency traded as high as $31,824 early Saturday, with almost all other markets closed over the first weekend in 2021. It was last up about 8% at $31,743.
Bitcoin advanced more than 300% in 2020, and with the latest leg higher has added more than 50% since crossing $20,000 just two weeks ago. Read more…..
Chart of the Day
Icarus TV
Clayton Christensen is an award-winning Harvard Business School professor and author of five books, including The Innovator’s Dilemma, which received the Global Business Book Award for the best business book of the year.
