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Bitcoin Breaks Through $20,000 To Hit A Fresh All-Time High

17 Dec 2020 9:16 AM | Mia Devonshire (Administrator)

Bitcoin has reached a new record level around $20,000.

The cryptocurrency has gained around 170% this with with increasing demand and large investments. 

As the pandemic has changed lives and business permanently, governments worldwide have responded with a monetary stimulus to try and grow confidence in the economy. However, this has built concerns that the $ currency will lose its purchasing power.

This has lead to an increase in demand for digital currencies such as Bitcoin.

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