Bitcoin Breaks $25,000, Sets New All-Time High

Bitcoin just broke $25,000. The digital currency has seen a surge over the Christmas period, setting new record highs.

Bitcoin Hits New High Above $25,000

Bitcoin has hit $25,000. At the time of writing, the digital crypto is trading at $25,376 across multiple exchanges.

It’s another all-time high price for the original crypto, which this month made news headlines worldwide when it broke $20,000 after much anticipation. That milestone was hit on Dec. 16, which means Bitcoin has jumped another 25% in the last 10 days.

The new high puts Bitcoin at a market cap just short of $470 billion, representing 68% dominance of the cryptocurrency space. According to analytics site Asset Dash, it’s just surpassed Visa’s market cap (at $20,000, it overtook JP Morgan Chase). It’s now the 11th biggest asset globally, behind giants like Facebook, Apple, Tesla, and Berkshire Hathaway.

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By: Chris Williams
Title: Bitcoin Breaks $25,000, Sets New All-Time High
Sourced From: cryptobriefing.com/bitcoin-set-new-all-time-high/
Published Date: Sat, 26 Dec 2020 16:33:32 +0000