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Buy Binance Coins instantly with debit card It then fell sharply on Monday amid volatility in highly leveraged futures markets, before recovering losses. The second-biggest cryptocurrency, ethereum, which tends to trade in tandem with bitcoin, also on Monday hit its highest level since January 2018, touching $1,170. Overall daily trading volumes in cryptocurrencies hit $68. Daily volumes had averaged $13. Bitcoin’s record high came less than three weeks after it crossed $20,000 for the first time on Dec. Fuelling bitcoin’s rally has been the perception it can act as a hedge against the risk of inflation as governments and central banks turn on the stimulus taps to counter the COVID-19 pandemic. Its potential for fast gains also attracted demand, Chainlink code trader, chainlink code trading platform. 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