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Bitcoin has risen in price by nearly 300 per cent in 2020, outperforming the combined gains of gold and the Dow Jones stock market by a factor of 10.Recent gains have propelled the cryptocurrency to new record highs of close to $30,000 (£22,000), having traded below $5,000 as recently as March.Bitcoin’s performance have led some…
The price of bitcoin has surged to a new all-time high, rising above $20,000 for the first time.The sudden market jump appeared to cause some cryptocurrency exchanges to struggle, as traders sought to either cash out or make a quick profit.Reports of issues with Binance, the world’s most popular bitcoin exchange, coincided with the record…
The price of bitcoin has hit a new all-time high.The cryptocurrency rose above $19,783 – the previous record it reached in December 2017.The latest price high comes after a major surge over the last 72 hours, which saw bitcoin bounce back from a major crash last week to rise by more than $3,000 in just…
The global cryptocurrency market has grown by nearly $100 billion over the last week, as the price of bitcoin nears an all-time high.Bitcoin now ranks as the 19th most valuable asset in the world, ahead of Mastercard and PayPal.Its current market cap of $356 billion, up from $130bn this time last year, puts it on…
Bitcoin is approaching a new record price high after it suddenly surged on Thursday.The cryptocurrency is currently trading above $15,000 – up from around $5,000 in March. It is now less than $5,000 away from the all-time high seen in late 2017.The price gains come amid geopolitical and economic uncertainty resulting from the coronavirus pandemic…
The price of bitcoin hit a record high for 2020 on Wednesday, after PayPal announced plans to integrate cryptocurrency into its online payment platform.Bitcoin’s price rose by more than 5 per cent following the news, taking its total gains since last week above $1,000. It is currently trading above $12,400.PayPal said customers will be able…