Bitcoin Soars Past $30,000 in Latest Record High

In a bullish start to 2021 for crypto believers, Bitcoin just hit a new all-time high. It’s now trading north of $30,000.

Bitcoin just broke another record high. The leading cryptocurrency is currently trading at $30,657 at the time of writing.

It’s the latest parabolic run Bitcoin has made in recent weeks. Last month, it memorably broke its long-awaited $20,000 milestone after much speculation (BTC’s previous all-time high was around $19,500, recorded way back in December 2017). 

In the last 16 days, the asset has increased in price by more than 50%. 

The crypto markets saw a particularly bullish frenzy over the Christmas period—in the last week, Bitcoin hit a new high of $25,000, while ETH broke $700 for the first time in two years. 

But today’s move is another sign that Bitcoin is leading the charge. 

Members of the cryptocurrency community celebrated the milestone on Twitter today.

When price dropped into the 3000s in March, many declared Bitcoin "dead" and pronounced the Bitcoin store of value narrative to be firmly disproven.

Now we have ANOTHER ZERO behind that "3000."

30,000.

Who's dead now?

— The Wolf Of All Streets (@scottmelker) January 2, 2021

$30K Hit! We were here for it. LAUNCH ZE MEMES.
HURGGGG pic.twitter.com/xQlNCOW7IV

— Autism Capital