Bitcoin hits its highest price since January 2018
This Thursday, the most popular digital asset in the world was located at $ 14,500, this being one of its highest peaks in the last two years
This Thursday, bitcoin reached its highest price in the last two years after hovering above $ 14,000.
Specifically, the most popular digital asset in the world reached as much as $ 14,500, one of the main reasons according to analysts being the uncertainty created by the US presidential elections.
Over the past 24 hours, the price of bitcoin has increased by around 6.5 %. Election turmoil generated solid gains for both cryptocurrencies and more traditional safe-haven assets like gold.
Meanwhile, an increasing number of large institutional investors are closing in on bitcoin. Recently, Jeffrey Gundlach, CEO of DoubleLine, recommended investing in gold and BTC to protect the assets from dollar inflation.
K. Tovar
Source: Cointelegraph
