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Bitcoin Hits Record Above $20K as Analysts Remain Confident of Future

After testing investor patience for three weeks, bitcoin has finally crossed above $20,000 to reach fresh all-time highs.

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cryopto2022

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  • 16th, December 2020 (9 months ago)
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After testing investor patience for three weeks, bitcoin has finally crossed above $20,000 to reach fresh all-time highs.


The number one cryptocurrency by market value jumped over the key psychological threshold during the early U.S. trading hours, surpassing the previous peak price of $19,920 recorded on Dec. 1. At the current price of $20,374, bitcoin (BTC, +6.23%) is up 5.4% over 24 hours, according to CoinDesk’s Bitcoin Price Index (BPI).


Bitcoin’s value has doubled in the past three months and the institutional-led rally looks sustainable. Meanwhile, other prominent cryptocurrencies such as ethereum (ETH, +5.68%), litecoin (LTC, +6.8%) and XRP (+7.1%) are still down 58% to 88% from their respective lifetime highs reached three years ago.

https://www.coindesk.com/


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1 comments

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hamo86
9 months ago
nice work bro

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