Bitcoin hits $19,000 for first time in three years, all-time high in sight


hit $19,000 on Tuesday for the first time in nearly three years, homing in on its all-time high of just under $20,000.


The world’s most popular was last up 3.2% at $18,958. has gained nearly 40% in November alone and is up around 160% this year.



Fuelling its gains have been demand for risk-on assets amid unprecedented fiscal and monetary stimulus, hunger for assets perceived as resistant to inflation, and expectations that cryptocurrencies would win mainstream acceptance.


Graphic: Bitcoin breaks $19,000

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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