{"id":116632,"date":"2020-11-20T21:49:36","date_gmt":"2020-11-20T18:49:36","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-climbs-to-three-year-peak-nears-all-time-high\/"},"modified":"2020-11-20T21:49:36","modified_gmt":"2020-11-20T18:49:36","slug":"bitcoin-climbs-to-three-year-peak-nears-all-time-high","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-climbs-to-three-year-peak-nears-all-time-high\/","title":{"rendered":"#Bitcoin climbs to three-year peak, nears all-time high"},"content":{"rendered":"

“#Bitcoin climbs to three-year peak, nears all-time high<\/strong>”
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\n Bitcoin rose to a nearly three-year high Friday, as investors continued to scoop the virtual currency on expectations it could well exceed its all-time peak of just under $20,000.<\/p>\n

Bitcoin surged to $18,766.79, the highest since December 2017, and was last up 4.9 percent at $18,696. It has gained 17 percent so far this week, the largest weekly gain since June 2019, climbing more than 160 percent so far this year.<\/p>\n

\u201cToday bitcoin has gotten to a place where institutional investors, banks, and family offices are legitimately pondering involvement as a defense against currency devaluation,\u201d said Alex Mashinsky, chief executive officer at Celsius Network, a crypto lending platform.<\/p>\n

He added that in 2017, the rally in bitcoin was led by retail investors who were early adopters.<\/p>\n

\u201cBecause large players, like LINE Corp and PayPal are involved this go around, we can expect more stability than the 2017 bubble. This isn\u2019t a gold rush anymore,\u201d he added.<\/p>\n

The bitcoin market now boasts a functioning derivatives market and custody services by established financial institutions. Large firms including Fidelity Investments and Japan\u2019s Nomura Holdings Inc have started safeguarding bitcoins and other cryptocurrencies for institutional investors.<\/p>\n

Other major cryptocurrencies, including ethereum and XRP, which often move in tandem with bitcoin, rose 7.2 percent to $505.2, and 3 percent to 31 US cents, respectively.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Bitcoin climbs to three-year peak, nears all-time high” Bitcoin rose to a nearly three-year high Friday, as investors continued to scoop the virtual currency on expectations it could well exceed its all-time peak of just under $20,000. Bitcoin surged to $18,766.79, the highest since December 2017, and was last up 4.9 percent at $18,696. It…<\/p>\n","protected":false},"author":1,"featured_media":116633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/11\/bitcoin-hits-new-high.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74862,75159,80778,76127,75026],"class_list":["post-116632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-digital-currency","tag-11-20-20","tag-cryptocurrency","tag-valuations"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/116632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=116632"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/116632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/116633"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=116632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=116632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=116632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}