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After several weeks of trading in narrow ranges, bitcoin breached US$10,000 on Sunday for the first time since early June.
FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
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REUTERS: After several weeks of trading in narrow ranges, bitcoin breached US$10,000 on Sunday for the first time since early June.
In addition to suffering pricing blows due to the economic fallout from the coronavirus outbreak, the virtual currency went through its third so-called halving on May 11, which cut the rewards given to those who "mine" bitcoin to 6.Read More – Source