Bitcoin topped $28,500 for the first time ever on December 30th of 2020 and is up around 47% so far in December, on track for its biggest monthly gain since
Bitcoin topped $28,500 for the first time ever on December 30th of 2020 and is up around 47% so far in December, on track for its biggest monthly gain since May of 2019.
The crypto currency has almost quadrupled in value this year, driven by institutional buying and its appeal as a hedge against potential inflation and currency debasement resulting from the massive central bank and government stimulus measures to shore up economic growth.
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