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The cryptocurrency surpassed this Wednesday, for the first time, the border of $ 20,000

The Bitcoin, the cryptocurrency most commonly used, has pulverized Thursday its historical maximum price, which had reached Wednesday at the touch $ 23,712, but has since fallen back and now is around $ 22,600, according to Bloomberg data.

The cryptocurrency surpassed this Wednesday, for the first time, the border of $ 20,000 and closed above $ 21,200, driven by the entry of large funds in this market.


On December 1, bitcoin had approached $ 20,000, reaching $ 19,914, but lost steam that same day and closed at $ 19,055.

Subsequently, the cryptocurrency fell below $ 18,000 between December 9 and 11.

However, from the 17,589 dollars that are marked on the 11th, the bitcoin has been rising to exceed this Thursday the 23,000 dollars.

Bitcoin started the 2020 financial year at around $ 7,200 but fell to $ 3,914 in March, after the outbreak of the coronavirus epidemic in Europe.


Adam Vettese, an analyst at the eToro platform, highlights the fund managers’ commitment to bitcoin, which explains the strong rise in recent days.
“Bitcoin was the third most popular asset in the hands of traditional funds, according to the Bank of America survey of fund managers,” Vettse explains.

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