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Bitcoin trading at $32,990, off Sunday record high of $34,800

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TOKYO (Reuters) - Bitcoin was trading at $32,990 in Asia on Monday, after soaring to a record high of $34,800 on Sunday.

The digital currency has advanced some 800% since mid-March as more traders and investors bet it is on its way to becoming a mainstream payment method.

The latest milestone for the world’s most popular cryptocurrency comes less then three weeks after it crossed $20,000 for the first time ever on Dec. 16.

Reporting by Kevin Buckland; Editing by Jacqueline Wong

Our Standards: The Thomson Reuters Trust Principles.

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