MOSCOW (Pakistan Point News / Sputnik - 31st December, 2020) The world's most popular cryptocurrency, Bitcoin, has hit a new all-time high of more than $29,000, trading data shows.
On Binance, the largest cryptocurrency exchange by trading volume, Bitcoin was trading at over $29,000, at about 20:00 GMT on Wednesday, but its price has later sunk below this level.
As of 23:32 GMT, Bitcoin's price stood at $28,840.
According to another trading platform, CoinMarketCap, Bitcoin cost $28,859 at the same time.
Bitcoin accounts for approximately 70.5 percent of the entire global cryptocurrency market.
