Business
Bitcoin price hits new all-time high as crypto market matures – Cointelegraph
Three major trends are behind Bitcoin’s new all-time high above $19,892 in 2020
Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview.
BTC/USD weekly chart (Coinbase). Source: Tradingview.com
Despite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. BTC then easily passed the $19,000 mark on Monday to reach its all-time high, albeit on a couple of exchanges.
There are three key trends that fueled BTC’s rise from sub-$3,600 in March…
