Bitcoin rose today, Tuesday, November 24, 2020, to break the $ 19,000 barrier for the first time in 3 years, as it rose by about 4 percent during today’s trading.
Bitcoin breaks the $ 19,000 barrier since 2017:
The world’s largest digital currency also strengthened its gains in the current month to 37%, approaching the highest level ever, which is nearly 20 thousand US dollars, and cryptocurrencies are witnessing great popularity this year.
This comes with nearly 170 percent of Bitcoin’s gains since the start of this year, and the fiscal and monetary stimulus measures have been taken advantage of as a hedge against inflation, and this is in addition to the widespread acceptance it has enjoyed in the recent period.
And at exactly 1:20 pm GMT, Bitcoin rose about 3.9% to 19.24 thousand US dollars, which is the highest level since December in 2017, and cryptocurrencies in the four places witnessed strong gains.
Ethereum rose by 1% to reach $ 595.1, which maintains the second place in terms of market value, while Ripple is ranked third with the best performance, with 26% gains, to reach $ 0.610.
Tether also continued in fourth place despite stabilizing at $ 0.999, while Bitcoin Cash snapped in fifth place from Chainlink, after rising 14.7% at $ 337.52.
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