Bitcoin came close to $16,000. The first crypt currency was last traded at similarly high levels in early January 2018.
Following exponential growth, Bitcoins reached $15,968 (Bitstamp), followed by a short-term correction. The rise in price was supported by rising trading volumes.
The Bitcoin futures market also saw a significant increase in activity, with aggregate interest reaching $5.7 billion.
At the time of writing, the bitcoin price was only 22% lower than the absolute high recorded on 17 December 2017 (1054 days ago).
After reaching $20,089, the market value of the first crypt currency Bitcoin Code reached the bottom on 15 December 2018 at $3126. Since then, digital gold has risen by 400%.
Other popular cryptographic assets have also grown significantly in the last 24 hours:
Digital gold has a market capitalisation of $290 billion and a 64.5% domination index, according to CoinGecko.
Earlier Bloomberg analyst Mike McGlown predicted the „parabolic“ growth of bitcoin in 2021.
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