Bitcoin Crosses $19,000 For The First Time Since December 2017

Bitcoin hit $19,000 on Tuesday, November 24 for the first time in nearly three years, and is close to reaching an all-time high of just under $ 20,000.

The world’s most popular cryptocurrency increased about 160% this year, supported by demand for riskier assets amid unprecedented fiscal and monetary stimulus measures, appetite for assets deemed resistant to inflation, and expectations that cryptocurrencies will gain widespread acceptance.

Bitcoin won more than 37% in November alone.