Traders piled deeper into the Bitcoin market in the early Asian session Thursday, betting on a big hike in sovereign spending under a Democratic-controlled Senate. The BTC/USD exchange rate, one of the leading instruments by volume in the cryptocurrency space, surged to its record high of $37,810 by Shanghai noon. Its surplus gains pushed Bitcoin’s returns in January to 31.19 percent, bringing it among the world’s best-performing assets heading into 2021. Elsewhere in the cryptocurrency […]
