SINGAPORE – Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. Federal Reserve will soon end its aggressive monetary tightening campaign. Bitcoin peaked at $30,438 in Asian trade and was last 2 percent higher at $30,262. It has gained about 6 percent since the start of the month, after rising 23 percent in March. The token's surge follows Friday's closely-watched U.S. nonfarm payrolls report that showed employers maintained a strong pace of hiring in March, pointing to a still-resilient economy.

https://business.inquirer.net/395311/bitcoin-pushes-past-30000-as-investors-eye-end-of-rate-rises

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