Bitcoin's remarkable rally continued into the new year hitting $34,000 before consolidating around $32,000.
The so-called "digital gold" has been attracting institutional investors including Anthony Scaramucci's Skybridge Capital, insurance giant MassMutual, and Guggenheim Investments.
In late November, bitcoin hit a 3-year high, then broke past the $20,000 barrier on the 16th of December. It only took another 15 days for bitcoin to stampede past $30,000.