BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo
Seeking Alpha 2020-11-22 18:41:50

Important Factors Driving Bitcoin's Drastic Growth In 2020

Bitcoin has seen its value skyrocket to around $18,000 (11/19/2020 12 AM EST) after dropping down to around just $4,840 in mid-March.The most significant development that may be supporting a potential sustainable growth trend for Bitcoin is the ongoing adoption of cryptocurrencies.Even large established banks like JPMorgan are starting to experiment with cryptocurrencies.

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