Bitcoin price surpasses $20,000 for the first time
The price of Bitcoin surpassed $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency's price jumped 4.5% to move as high as $20,440. Bitcoin has gained more than 170% this year over demand from larger investors attracted to its potential for quick gains, purported inflation-resistant qualities, and expectations that it will become a mainstream payment method.