Bitcoin breaks above $35,000 to touch new high

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COURTESY BY: https://www.dawn.com/ Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800 per cent since mid-March of 2020. The world’s most popular cryptocurrency had crossed $20,000 for the first time ever almost three weeks ago on Dec 16, 2020. At that time it hit an all-time peak of $20,800, gaining more than 170pc over the previous year, buoyed by demand from larger investors attracted to its potential…