Amazing:it breaks its record**

Bitcoin broke through the $11,000 mark over the weekend for the first time since January.

Fears over tighter regulation, which was one of the catalysts for the recent crash, appear to have subsided.

Many commentators, including Ethereum Founder Vitalik Buterin, have warned that cryptocurrencies could fall to "near-zero" at any time.

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Bitcoin broke through the $11,000 mark over the weekend for the first time since the end of January as its price continues to slowly rise following a violent sell-off at the start of the month.

The price of the cryptocurrency went as high as $11,279.18 on Sunday, its most elevated level since January 30, according to CoinDesk's bitcoin price index, which tracks prices from four major cryptocurrency exchanges.

On Monday, bitcoin was trading below $11,000, at $10,789, at around 9:30 a.m. London time (4:30 a.m. ET).

Bitcoin's price has been slowly climbing higher after a massive sell-off in early February, which was triggered by fears over tighter regulation, rumors of price manipulation in the market, and a hack on cryptocurrency exchange Coincheck that saw over $500 million stolen.

Bitcoin is up over 80 percent since it bottomed at $5.947.40 on February 6.

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On the Otherhand

Ethereum founder warns

***Cryptocurrencies ‘could drop to near-zero at any time,’ ***

Cryptocurrencies are a nascent asset class and could fall violently at any time, the founder of blockchain network Ethereum warned on Saturday.

"Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time," Vitalik Buterin said on Twitter. "Don't put in more money than you can afford to lose."

Founder of Ethereum Vitalik Buterin
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Cryptocurrencies have recovered slightly from a severe sell-off which saw the market lose as much as $100 billion in market value in a single day.

• Bitcoin recovered to a price above $10,000 last week after falling as low as $5,947.40 the week before.*
  

Don't invest in cryptocurrency now

I think this is the worth time of cryptocurrency