Bitcoin continues to set new price records, as it crossed $ 35,000 for the first time on January 5th.
After breaking the previous record of around $ 34,800 on January 3, BTC showed a rapid recovery to $ 28,000 the next day.
However, the meltdown was short-lived, however, as BTC quickly returned and reached over $ 35,800 full-time at around 4.30 am (UTC).
Bitcoin has now gained around 80% since it hit new highs on December 16 and is up 22% in seven days.
The new record was released a day after the U.S. Auditor’s Office issued guidelines that allowed federal banks to use stablecoins and public blockchains for settlement.
Ethereum is also up over $ 1,100 with the latest news release from BTC and is up 44% in the past week.