Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 434: BITCOIN PRICE BLASTS PAST $28K AS MAX KEISER PREDICTS!! BTC MARKET CAP NOW ABOVE HALF A TRILLION!!

434: BITCOIN PRICE BLASTS PAST $28K AS MAX KEISER PREDICTS!! BTC MARKET CAP NOW ABOVE HALF A TRILLION!!

Published: Dec. 27, 2020, 3:23 p.m.

Bitcoin (BTC) hit all-time highs of $28,400 before crashing thousands of dollars on Dec. 27 - the latest chapter in its Christmas trading frenzy.

What's more, the market capitalization of Bitcoin has surpassed half a trillion dollars for the first time ever.

The new record-highs for Bitcoin come less than three days after breaking resistance at $24,000.

This also means that BTC price has now doubled over the past two months after gaining nearly $10,000 in the month of December alone.

Bitcoin's market capitalization is also now over $510 billion, which puts it just under Warren Buffett's Berkshire Hathaway, the tenth-largest company in the world.

This comes less than a day after surpassing Visa's market cap. After topping 15% 24-hour gains, Bitcoin encountered heavy selling pressure above $28,000.

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