Bitcoin has experienced a remarkable price resurgence in recent months, rising close to a record all-time high after more than two years of plummeting prices.
The latest rally of the notoriously volatile cryptocurrency comes amid a flurry of institutional investment news, which has taken btc close to the peak it reached in December 2017 of $20,052 (£15,025).
Other major cryptocurrencies – including Ethereum (ether), Ripple (XRP) and bitcoin cash – are also climbing in value, though remain a long way off their record highs.
Follow all the latest news, analysis and expert price predictions here.
Bitcoin price is up by around 1 per cent over the last 24 hours.
These modest gains add to the substantial 9 per cent rally over the last week and the remarkable 50 per cent price rise it has experienced since last month.
At just over $19,000, bitcoin is nearly four-times what it was in March.
Anthony Cuthbertson25 November 2020 14:31
Welcome to The Independent’s bitcoin live blog.
We’ll be bringing you all the latest news and analysis from the world of cryptocurrency, as well as price updates from all the major altcoins.
Anthony Cuthbertson25 November 2020 13:33