Bitcoin soars as investors interest pique
- 17 Dec 2020
Bitcoin. File
Gulf Today Report
Bitcoin gained on Thursday, setting a record-high smashing a $20,000 milestone for the first time.
As at 08:33 GMT, the crypto-currency rose by 6.5% to $22,765.
Bitcoin rose above 175% this year, as investors lean towards it for quick gains and it has low inflation qualities.
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The world holds high expectation for bitcoin, it is seen as the future mainstream payment method.
Yang Li, Chief Growth Officer at digital foreign exchange platform Ziglu said: "wider adoption will grow the value of bitcoin even more, this is just the start."