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Another Peak for Bitcoin: Price Climbs Past 24K

Written by:

C Costigan

Published on:

Dec/19/2020

The price of Bitcoin moved above the $24,000 mark for the first time. On Saturday morning, the price hit a record high of 24,288.

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The record price comes two days after bitcoin first sliced through the $23,000 price point amid its more than 12% intraday gains.

Bitcoin’s year-to-date percentage gains have grown to over 225%.

Some analysts have suggested that Bitcoin's market cap could hit $1 trillion in 2021 as its growing reserve currency status drives adoption higher.

- Aaron Goldstein, Gambling911.com

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