RATE Group | Bitcoin Soars 50% So Far in 2020
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Bitcoin Soars 50% So Far in 2020

14 Feb Bitcoin Soars 50% So Far in 2020

Posted at 21:14h in Bitcoin News by

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Bitcoin

Back in early 2019, Bitcoin went on a remarkable rally, and many believed that the cryptocurrency could eventually reach the dizzying highs it had hit in 2017. However, after the first half of the year, the rally fizzled out.

The world’s biggest cryptocurrency has again gone on a remarkable rally over the past few days, and while BTC investors must be happy, some must be wondering whether this is another flash in the pan. Many traders may be wondering whether this is the start of another rally due to definite factors or whether it is just another case of market volatility.

Bitcoin Crosses $10K Mark

2020 has been an impressive year for BTC so far, and it has gained as much as 50% to storm past the psychologically important $10,000 mark recently. This past Tuesday, it hit its highest level in five months, and it is hardly a surprise that there is a lot of optimism among investors. The cryptocurrency has had many fast ascents and equally crushing plunges over the course of the last…

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