Bitcoin’s 2020 Rally - Financial Advisors Opening Clients’ Doors To Crypto  

Bitcoin reached its highest level in more than two months this week, climbing to $8,848 on Tuesday. By Wednesday, the price had risen to $8,897. The digital asset has been following a broad, upward trend all week, pushing higher after reaching a 2020 low of $6,852 on January 3.

Some market observers have cited hopes the cryptocurrency will enjoy greater adoption in 2020 when explaining these gains. Others have pointed to anticipation surrounding the upcoming halving, scheduled to take place in May, as another factor in bitcoin’s recent push higher.

Plus, why is bitcoin driving altcoins higher? The short answer: beta. Read more here: https://www.forbes.com/sites/cryptoconfidential/2020/01/21/bitcoins-2020-rally-financial-advisors-opening-clients-doors-to-crypto/