Bitcoin rallies above $30,000 for first time

By Alden Bentley
FILE PHOTO A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken November 19 2020. REUTERSDado RuvicIllustrationFile Photo

FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken November 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(This story from January 2 is corrected to clarify reference to Coinbase listing in paragraph 8)

(Reuters) - Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method.

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