Bitcoin the first-ever cryptocurrency in the world hits the all-time high of 25,000USD. After a week of price movements from 23500USD to 24300USD. Last night the price has increased by 8% in the past week.
- BTC Price reached $25,000.
- Above 230% increase in the year 2020.
- Bitcoin is still expected to be bullish.
In the meantime, all through 2020, the regulation intrigued in Bitcoin has been surging. At a point where the regulation request for Bitcoin proceeds to extend exponentially, the outperforming of Visa’s showcase cap may advance boost the certainty around Bitcoin among educating.
Cuy Sheffield said,
Digital currencies have the potential to extend the value of digital payments to a greater number of people and places. We’re excited to work with innovative Fintechs like Wirex and enable their customers to use digital currencies at more than 61 million merchants on the Visa network
Crypto influencer Pomp on Twitter to tweet about the Bitcoins bullish moments. The market seems to be in a good flow and traders are enjoying this Christmas.
Microstrategy and other leading companies are also major reasons for the bullish price moments. Hope 2021 will be a good start and let’s hope will have stable support of BTC price above 25,000USD.