Bitcoin investors are currently experiencing a rally that may remind many long-established investors of the bull run of 2017. It jumped $ 1,400 within a day. The last time this happened was during the legendary bull run in 2017. At the time of writing, BTC was trading at $15,764 USD and had already briefly scratched the $16,000 mark. Bitcoin has been on a tear in 2020, doubling in price year-to-date as major companies like PayPal and Facebook have shown an increased interest in cryptocurrencies. But it’s also been the target of scrutiny from regulators and bankers due to its use in criminal activities like money laundering.
Bitcoin is having one of its best years.
Global IndexesNov 10, 2020