Bitcoin breaks above $20,000 for the first time ever
From cnbc.com
Bitcoin breached the $20,000 level for the first time in history Wednesday, as crypto enthusiasts pointed to increased demand from institutional investors for the red-hot digital currency. The world’s most-valuable virtual currency traded 4% higher to a price of around $20,327, according to market data from Coin Metrics, taking its year-to-date gains to more than 180%. Bitcoin has been on a tear this year. Analysts say it’s gotten a boost from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller moving their own assets into the cryptocurrency, while tech firms such as Square and MicroStrategy have ...
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