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Bitcoin climbs past $19000 and closes in on record price


25 Nov 2020

#Bitcoin

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.

Source


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 73.6% 50 $60 961.08 -0.41% -5.28% $1 204 731 421 404 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 79.6% 42 $2 363.44 -3.63% -10.16% $284 490 888 046 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 96% 1 $0.999775 -0.01% -0.01% $119 613 677 756 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 76% 52 $540.95 -1.40% -9.40% $78 942 650 731 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 70.8% 55 $137.87 -5.78% -9.64% $64 589 113 449 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92.4% 1 $0.999956 0% -0.01% $35 574 574 274 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 84% 31 $0.524465 -11.22% -11.21% $29 665 883 603 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 79.6% 41 $0.104833 -1.45% -8.86% $15 327 743 829 DOGE 7 days price change
9 TRON (TRX) TRX TRON predictions 93.6% 1 $0.154264 0.31% 1.24% $13 358 698 727 TRX 7 days price change
10 Toncoin (TON) TON Toncoin predictions 73.6% 49 $5.25 -3.22% -9.96% $13 294 187 711 TON 7 days price change
11 Cardano (ADA) ADA Cardano predictions 75.6% 45 $0.341218 -2.96% -13.50% $11 927 751 391 ADA 7 days price change
12 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
13 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 90.8% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 67.2% 73 $24.88 -4.29% -11.44% $10 110 122 710 AVAX 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 92% 1 $65 806.83 0.78% -2.68% $10 083 957 608 WBTC 7 days price change

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