Bitcoin Hits $25K for First Time Ever

Saturday, December 26, 2020

 


The cost of bitcoin (BTC) bested $25,000 unexpectedly, a simple week in the wake of breaking $24,000 unexpectedly.


  • The cost of the main cryptographic money proceeded with its new sweltering run, setting another untouched high of $25,005.53 prior to falling back to $24,971.23, up 6.28% on the day. Year-to-date BTC is up over 240%. 


  • Institutional financial specialists are seen to be driving this record-setting run. Among them: Anthony Scaramucci's Skybridge Capital ($25 million in December); MassMutual ($100 million in December); and Guggenheim (up to 10% of its $5 billion large scale reserve).

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3 Comments

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  2. Oliver U.December 27, 2020 at 11:51 PM

    Yes, and BTC could go even higher. . .
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  3. Mubeen AhmadDecember 29, 2020 at 12:57 PM

    It hits 28k$ and it will go even more higher

    ReplyDelete