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Bitcoin heads for $29,000, quadrupling in value in 2020 – Aljazeera.com
This month, Bitcoin has surged almost 50 percent, putting it on track to make December its biggest month since 2019.
Bitcoin it homing in on $29,000 as the worlds largest cryptocurrency pushes its mindnumbing rally in 2020 past 300%.
The digital asset surged above $29,700 as of 3 p.m. Wednesday to a record. In December alone, Bitcoin has surged almost 50%, putting it on track for its biggest monthly gain since 2019.
Bitcoin has now quadrupled in value this year amid the global coronavirus pandemic, while the wider Bloomberg Galaxy Crypto Index tracking the largest digital currencies is up about 270% as rival coins…
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