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
LONDON (Reuters) - Trading volumes on major cryptocurrency exchanges hit a daily record on Monday of over $68 billion, research showed, highlighting the trading frenzy that has accompanied bitcoin's charge to an all-time high.
Bitcoin hit a record high $34,800 on Sunday, building on a 2020 rally that saw it more than quadruple as bigger U.S. investors jumped into the market. It then fell sharply on Monday amid volatility in highly leveraged futures markets, before recovering losses.
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