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Bitcoin exchange rate fixed above 18 thousand dollars – this has not happened since 2017

Bitcoin climbed above the $ 18,000 mark for the second time in less than a week. This is evidenced by the site data CoinDesktracking the value of cryptocurrencies on different exchanges.

On November 20, Bitcoin cost 18,410.38 thousand dollars per coin, rising in price by 2% in about two hours. The main cryptocurrency briefly exceeded the $ 18,000 mark on November 18. Before this, the last time the cryptocurrency was traded at such levels in December 2017, when there were sharp jumps in the rate. Simultaneously, the Bitcoin rate rose to the maximum value in the history of 20 thousand dollars per coin, after which the cryptocurrency fell in price, sometimes falling to three thousand dollars.

Bitcoin exchange rate fixed above 18 thousand dollars - this has not happened since 2017

Since 6 am, the cryptocurrency has been trading above $ 18,000. Immediately now – at the time of this writing – (09:36 Kyiv time) the rate is $18 199.56. It looks like Bitcoin has every chance to refresh its all-time high.

  • The Bitcoin exchange rate rose sharply at the end of 2017: in October, it exceeded $ 5,000, in November – $ 10,000, and in mid-December, it crossed the $ 20,000 mark. After that, the cryptocurrency began to fall in price.
  • On May 11, 2020, Bitcoin experienced the third “halving”: the size of the reward for adding a new block to the blockchain decreased by half – to 6.25 BTC.

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