New York (CNN Business) Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued at above $33,000, an all-time high. Bitcoin XBT has tripled in value during 2020, growing steadily even as the stock market plunged in the early days of the pandemic. With the Federal Reserve expected to leave interest rates near zero for several more years, bitcoin may continue to win new fans. Payment gianthas embraced bitcoin , after showing reluctance to do so.

Source: CNN January 02, 2021 19:07 UTC