Bitcoin Tops $36,000 for Fresh Record as Wild Swings Resume
- Cryptocurrency had posted biggest drop since March on Monday
- A year-end surge helped Bitcoin to quadruple in 2020
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Bitcoin jumped to another all-time high on Wednesday as extreme swings continued to buffet the world’s largest cryptocurrency.
The famously volatile digital coin advanced as much as 8% to $36,499, surpassing the previous high set Jan. 3, and was trading at $36,190 as of 4:37 p.m. in New York. It had plunged as much as 17% on Monday. Bitcoin quadrupled in 2020.