Bitcoin is trading at $ 32,990, off Sunday’s high of $ 34,800



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FILE PHOTO: A representation of Bitcoin virtual currency can be seen in this illustration taken November 19, 2020. REUTERS / Dado Ruvic / Illustration

TOKYO (Reuters) – Bitcoin was trading at $ 32,990 in Asia on Monday, after hitting a record high of $ 34,800 on Sunday.

Digital currency has grown by around 800% since mid-March, as more traders and investors bet it’s on its way to becoming a mainstream payment method.

The latest milestone for the world’s most popular cryptocurrency comes less than three weeks after crossing $ 20,000 for the first time on December 16.

Reporting by Kevin Buckland; Editing by Jacqueline Wong

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