Bitcoin vaulted above US$29,000 to reach yet another record level on the last day of 2020, in a fitting end to a groundbreaking year for the world’s largest digital currency. The cryptocurrency climbed to as high as US$29,292 before pulling back slightly to trade at US$29,023 as of 9:54 a.m. in London Thursday. It has advanced almost 50 per cent in December, on track for its biggest monthly gain since May 2019. “Key to this rally is that it has been sustained over several weeks,” said Matt Long, head of distribution and prime products with crypto brokerage OSL in Hong Kong. “If we do see a break to the downside, it ... (full story)