Bitcoin Price Smashes Through $20,000 as Bull Run Gets Underway

Bitcoin Price Smashes Through $20,000 as Bull Run Gets Underway

Gate Trade News Wednesday, December 16, 2020 164 1

Within a month of Bitcoin's December 2017 bull run, BTC's value dropped 50% might that happen again?

 

Bitcoin’s price has broken the $20,000 barrier, doing so less than a month after recording a new all-time high of $19,850. Its price just rose up to $20,100 in a sudden surge.

 

It has been an eventful few months for Bitcoin. After embarking on a bull run starting this September—which saw the cryptocurrency’s price increase from about $10,000 to $19,000 Bitcoin crashed during the US Thanksgiving Day weekend, dropping to the $16,351 mark. On November 30, Bitcoin finally broke its all-time high. 

 

Now, it’s set another record, pushing up and beyond the $20,000 mark.