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The price of Bitcoin has reached all-time highs, climbing to $ 20,803. According to experts, early investors were held back by the opaque nature of the cryptocurrency market. Strengthening oversight of the US crypto industry has helped solve this problem.
On December 16, the bitcoin rate hit a three-year high. This is evidenced in the site data. Coindesk.
During the day, the value of the cryptocurrency increased from $ 19.4 thousand to $ 20.8 thousand.
Previously, the maximum price was set in 2017, then the cost of bitcoin reached $ 19.66 thousand.
Screenshot: coindesk.com
According to Reuters, In 2020, the value of bitcoin has increased by more than 170% thanks to the demand of large investors who expect the cryptocurrency to become the main payment method.
The agency noted that Some investors were previously held back by the opaque nature of the cryptocurrency market. Strengthening oversight of the US crypto industry has helped address this issue.
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