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Bitcoin breaks $30,000 barrier for first time

Rally continues to gain steam in New Year

Bitcoin is riding a wave of investment into the new year.   © Reuters

TOKYO -- The price of digital currency Bitcoin topped $30,000 for the first time Saturday, riding a wave of investment into the new year.

The blockchain-based currency was trading at $32,363, with a 24-hour gain of more than 10%, according to cryptocurrency tracker Coindesk.

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