Bitcoin hits $19,000 for first time in three years

London, November 24

Bitcoin hit $19,000 on Tuesday for the first time in nearly three years and was just shy touching an all-time high of just under $20,000.

The world’s most popular cryptocurrency has gained around 160% this year, fuelled by a demand for risk-on assets amid unprecedented fiscal and monetary stimulus, hunger for assets perceived as resistant to inflation, and expectations that cryptocurrencies would win mainstream acceptance.

Bitcoin has gained over 37% in November alone.—Reuters

Be the first to comment on "Bitcoin hits $19,000 for first time in three years"

Leave a comment

Your email address will not be published.


%d bloggers like this: