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Bitcoin price has updated a new all-time high


December, 16 2020
watermark Economic news

The value of the most popular cryptocurrency, bitcoin, grows on Wednesday evening, exceeding the maximum level of December 2017 ($ 20,042) and updating a new all-time high at $ 20,535.


Bitcoin, like other cryptocurrencies, has risen sharply since October. Digital currencies are rising in value amid optimism in global markets and expectations that the Covid-19 pandemic will be brought under control thanks to the emergence of vaccines against coronavirus infection.


Additional support for Bitcoin is provided by a sharp weakening of the US dollar in the world market.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.