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Bitcoin is up 20% so far this year and one expert predicts it could hit $16,000 by year end

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CNBC
January 15, 2020

Bitcoin has recorded its best start to the year since 2012.

Optimism has returned to the market following a crash after the 2017 record high.

Bitcoin was trading at around $8,667.33 at 13:34 p.m. SIN/HK up roughly 21% so far this year.

Other digital coins including ethereum and XRP have followed suit, posting more than 20% gains in the first two weeks of 2020.

In December 2017, bitcoin hit an all-time high of nearly $20,000 but fell sharply to just over $3,000 in December 2018. Many experts saw that as the bottom as the price of the digital currency continued to climb in 2019.

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This article was posted: Wednesday, January 15, 2020 at 7:08 am





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