Bitcoin Just Rocketed Over $14,000—Here’s Why

Bitcoin traders and investors have been nervously eyeing markets over recent days, with uncertainty on the rise after bitcoin decoupled from the stock market last week.

The bitcoin price, up a staggering 50% on the last six months, looks set to close out 2020 as one of the year's best performing assets. Bitcoin spiked to just over $14,000 per bitcoin late last month for the first time since the great 2017 bitcoin bubble popped in January 2018.


Now, the bitcoin price has added 4% over the last 24 hours, rocketing back over $14,000 and again following traditional markets that jumped earlier today, with bulls firmly in control ahead of the U.S. election polls closing.

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