Bitcoin reaches an all-time high, above $20,000 for first time
Bitcoin’s powerful rally this year crossed a major milestone on Wednesday as the world’s largest cryptocurrency smashed through $20,000 for the first time ever. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of a new service that allows its customers to buy, hold and sell cryptocurrencies directly from their PayPal account Bitcoin smashed through $20,000 for the first time on Wednesday, marking a new milestone for the world’s largest and most well-known cryptocurrency. The cryptocurrency jumped 4.5 percent to move as high as $20,440. Bitcoin has experienced a powerful rally this year. It has soared more than 170 percent, driven largely by demand from big, institutional investors attracted by its potential for quick gains at a time when interest rates are near zero, as well as the cryptocurrency’s march towards becoming a mainstream method of payment. Bitcoin received a major boost in October after PayPal Holdings, Inc announced the launch of