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Bitcoin price reaches three-year high of more than $19,000

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November 24, 2020 at 11:42AM

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World’s biggest cryptocurrency has become more attractive to investors in Covid crisis

The price of bitcoin has broken through $19,000 for the first time in almost three years, taking the world’s biggest cryptocurrency close to its all-time high of just under $20,000.

Bitcoin has surged by almost 40% in November and is up about 160% this year. It reached a peak of just under $20,000 in December 2017, before crashing spectacularly, losing a quarter of its value in a single day.

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