RATE Group | Bitcoin of 2020: On the Rise, Better Established, and Much More Stable
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Bitcoin of 2020: On the Rise, Better Established, and Much More Stable

30 Jan Bitcoin of 2020: On the Rise, Better Established, and Much More Stable

Posted at 01:59h in Bitcoin News by

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Why Bitcoin is Continuing to Climb, from More Solid Ground Than Ever

Last night saw Bitcoin once again soaring up the market, with a 6% increase over the course of three hours. This continues a fantastic start to the year for the world’s largest decentralized currency, which is up 30% since January 1st, and pulling along with it several other primary cryptocurrencies, including Ether, Litecoin, Ripple and Dash.

A Significant Moment for Bitcoin

January 2020 is certainly proving highly significant for Bitcoin. The sharp increases and painful falls of the past pale into comparison with now, as the current increase seems to come from a far better-established position with much more stability. Furthermore, the activity around Bitcoin is expanding in exchanges, banks, and other financial institutions, together with its legitimacy and relevancy.

World Economic Forum

Last week, at the World Economic Forum annual summit at Davos, Switzerland, Bitcoin, cryptocurrencies and blockchain…

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