Business & Finance

Surging investor interest puts Bitcoin at new all-time peak

  • The world's highest profile crypto-currency has gained more than 175% this year.
Published December 17, 2020 Updated December 17, 2020 01:37pm
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LONDON: Bitcoin set a fresh all-time high on Thursday, after rising almost 6% to $22,584 by 0806 GMT, just a day after smashing the $20,000 milestone for the first time.

The world's highest profile crypto-currency has gained more than 175% this year, buoyed by demand from larger investors attracted to its potential for quick gains and perceived inflation-hedging qualities.