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.

Source: CoinTelegraph

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