Cryptocurrency Bitcoin breached the $34,000-mark for the first time on Sunday in Singapore as it soared as high as 7.8% to $34,182.75. It advanced almost 50% in December when it surpassed $20,000 for the first time. Bitcoin "will be on the road to $50,000 probably in the first quarter of 2021," Managing Partner and Co-founder of Nexo, Antoni Trenchev, said.