The New Paper

December 1, 2020

Bitcoin reaches all-time high

Bitcoin reached an all-time high of nearly $20k yesterday, slightly outpacing the previous record set in 2017. Bitcoin’s value increased by over 40% in November, which was partially attributed to growing adoption of the cryptocurrency (including PayPal’s launch of a crypto-focused platform).

This story is from the December 1, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.