Bitcoin price prediction: Cryptocurrency could reach $188,000 as Millennials invest
Bitcoin could keep rising to astronomical figures and be the next safe-haven asset to rival gold, according to JPMorgan.
Price of Bitcoin reaches all-time high in 2020
The price of Bitcoin has grown four times from nearly US$5,000 in March 2020 to an all-time high of over US$20,000 in December 2020.
Almost one in five Australians now own cryptocurrency
The Independent Reserve Cryptocurrency Index shows 78% of the survey respondents who did own cryptocurrency in 2020 said they were breaking even or better.
Bitcoin over gold: Why millennials want the cryptocurrency
Surging value and growing acceptance amongst millennials suggests that Bitcoin could play heavily in the ‘new normal’ as it challenges gold.
Ripple’s XRP surges 70% as Bitcoin craze sends investors flocking to smaller cryptocurrencies
The top cryptocurrencies have gained price momentum over the last week. Ethereum has gained 30% and Bitcoin by 8%, but XRP has led the way with a 70% jump.
Bitcoin surges above USD$15,000 and is closing in on record
Bitcoin soared more than seven per cent on Friday was trading above USD$15,000 (AUD$20,000) — its highest level in nearly three years
Bitcoin passes $20,000 AUD per coin for the first time since January 2018
Bitcoin exceeded $20,000 AUD at 9pm on Saturday 31st October on local digital currency exchange CoinSpot, the first time since January 2018.
Bitcoin goes mainstream as institutional ‘wall of money’ begins buying
Bitcoin is on track to hit US$1 million (A$1.4m) per coin in the next five years as a result of a wall of money looking to tap into Bitcoin appreciation.
