Bitcoin has finally reached a new ATH (All-Time High) above the previous December 2017 value. It happened first on November 30, 2020, when the price of the digital asset reached $19,783 at its trading peak. Then the price of BTC surged past $20K on December 16, 2020, reaching a high of $21,458.91. BTC has burst past the resistance level, and this can signal further buy opportunities. All this occurring with less concerning talk about it being in a bubble-like it was in 2017. Instead, it has been a more bullish sentiment as more backers rally the markets, while the bears take a back seat.It is different in 2020, as the finance industry has taken a new turn on how they view the digital asset. One thing noticeable is the entry of institutional investment from the likes of Square, Paypal, Microstrategy, BlackRock, and Grayscale. MicroStrategy has raised $650M for investment in Bitcoin alone, while Grayscale is now in custody of 500,000 BTC for its investors. BlackRock\u2019s CEO Larry Fink even mentioned that BTC could evolve as a global market asset. These endorsements bring a flow of capital that increases the valuation and propels the momentum to new all-time highs. It is turning Bitcoin into the store of value that its proponents in the crypto community have envisioned. That means it can be as valuable an asset as gold and silver.Regulations had been the obstacle to mainstream financial adoption of cryptocurrencies like Bitcoin. This is no longer the case, as more financial institutions are meeting compliance regarding the custody and exchange of cryptocurrency. Another good news is that the US SEC did not classify Bitcoin as a security since 2018. That is another sign of relief for BTC holders and potential investors since it will not require having to register with the\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Bitcoin has finally reached a new ATH (All-Time High) above the previous December 2017 value. It happened first on November 30, 2020, when the price of [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/3055"}],"collection":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/comments?post=3055"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/posts\/3055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/media?parent=3055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/categories?post=3055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/ru\/wp-json\/wp\/v2\/tags?post=3055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}