Bitcoin climbed past $19,000 Tuesday as the world’s best-known cryptocurrency continues its 2020 surge. The price of bitcoin was trading about 4.25% higher for the session at $19,207, according to data from industry site CoinDesk.
Bitcoin has been on a tear in 2020, skyrocketing over 150% in a jump crypto enthusiasts have accredited to unprecedented monetary and fiscal stimulus in response to the Covid-19 crisis, as well as interest from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller.
It is now creeping up toward the all-time high of $19,783 which it posted in a December 2017 rally that saw the values of several cryptocurrencies surge. After hitting that milestone, the bubble burst and bitcoin plummeted to as low as $3,122 the following year. But many crypto fans claim things are different this time. They’ve cheered big moves in the industry from the likes of Fidelity Investments, Square and PayPal. PayPal recently started letting its users buy, hold and sell virtual currencies. The payments giant is set to enable shopping with crypto early next year.
Bitcoin climbed past $15,000 on Nov. 5 and $18,000 on Nov. 19. Bitcoin’s market value — which is calculated by multiplying the total number of bitcoins in circulation by the price — now stands at $355.9 billion, higher than the $331.8 billion it hit in December 2017, according to CoinDesk.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 73.6% | 50 | $60 961.08 | -0.41% | -5.28% | $1 204 731 421 404 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 79.6% | 42 | $2 363.44 | -3.63% | -10.16% | $284 490 888 046 | ||
3 | USDT | Tether predictions | 96% | 1 | $0.999775 | -0.01% | -0.01% | $119 613 677 756 | ||
4 | BNB | Binance Coin predictions | 76% | 52 | $540.95 | -1.40% | -9.40% | $78 942 650 731 | ||
5 | SOL | Solana predictions | 70.8% | 55 | $137.87 | -5.78% | -9.64% | $64 589 113 449 | ||
6 | USDC | USD Coin predictions | 92.4% | 1 | $0.999956 | 0% | -0.01% | $35 574 574 274 | ||
7 | XRP | XRP predictions | 84% | 31 | $0.524465 | -11.22% | -11.21% | $29 665 883 603 | ||
8 | DOGE | Dogecoin predictions | 79.6% | 41 | $0.104833 | -1.45% | -8.86% | $15 327 743 829 | ||
9 | TRX | TRON predictions | 93.6% | 1 | $0.154264 | 0.31% | 1.24% | $13 358 698 727 | ||
10 | TON | Toncoin predictions | 73.6% | 49 | $5.25 | -3.22% | -9.96% | $13 294 187 711 | ||
11 | ADA | Cardano predictions | 75.6% | 45 | $0.341218 | -2.96% | -13.50% | $11 927 751 391 | ||
12 | STETH | Lido stETH predictions | 92% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
13 | WTRX | Wrapped TRON predictions | 90.8% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
14 | AVAX | Avalanche predictions | 67.2% | 73 | $24.88 | -4.29% | -11.44% | $10 110 122 710 | ||
15 | WBTC | Wrapped Bitcoin predictions | 92% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |
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