The world’s most popular cryptocurrency crossed $20,000 for the first time ever on December 16, 2020.
Bitcoin set a fresh all-time high for the period of December after rising 6.5% to $22,765 by 0833 GMT, just a day after smashing the US$20,000 milestone for the first time.
The world’s highest-profile crypto-currency has gained more than 175% this year, buoyed by demand from larger investors attracted to its potential for quick gains and perceived inflation-hedging qualities.
Smaller coin ethereum which often moves in tandem with bitcoin, was trading 1.75% higher. Read Full Story
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