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2020-12-17
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Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin hits new all-time high above $23,000, extending its wild 2020 rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-17 18:36 GMT+8 <a href=https://www.cnbc.com/2020/12/17/bitcoin-btc-price-hits-new-all-time-high-above-23000.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nBitcoin surged 12% to more than $23,400 Thursday, taking its year-to-date gains to over 200%.\nCrypto bulls have pointed to increased demand from institutional investors for the digital ...</p>\n\n<a href=\"https://www.cnbc.com/2020/12/17/bitcoin-btc-price-hits-new-all-time-high-above-23000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6f743d717b6a2f2140fa7df544d4c12c","relate_stocks":{},"source_url":"https://www.cnbc.com/2020/12/17/bitcoin-btc-price-hits-new-all-time-high-above-23000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1106576378","content_text":"KEY POINTS\n\nBitcoin surged 12% to more than $23,400 Thursday, taking its year-to-date gains to over 200%.\nCrypto bulls have pointed to increased demand from institutional investors for the digital currency.\nIt has reminded many market watchers of bitcoin’s frenzied rally to nearly $20,000 in 2017.\n\nBitcoinsurged 12% to hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.\nThe world’s most-valuable digital currency was last trading at $23,421, according to crypto market data provider Coin Metrics, taking its year-to-date gains to more than 200%. Bitcoin only justsmashed the $20,000 markon Wednesday.\nCrypto bulls have pointed to increased demand from institutional investors, pitching bitcoin as a hedge against inflation like gold amid unprecedented U.S. coronavirus stimulus. A recentJPMorgannote claimed such investor appetite wouldboost inflows into funds tracking bitcoin to the detriment of gold.\nOn Tuesday, U.K. asset manager Ruffer revealed it had around 2.5% of its portfolio invested in bitcoin “as a small but potent insurance policy against the continuing devaluation of the world’s major currencies.” The company managed £20.3 billion ($27.6 billion) in assets by the end of November.\nBitcoin’s 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. However, crypto fans claim this year’s rally is unlike 2017 as it’s being driven by institutional buying rather than retail speculation.\nWell-known investors likePaul Tudor JonesandStanley Druckenmillerhave come out as believers in bitcoin this year, while large financial companies likePayPaland Fidelity have also made moves in the space. Meanwhile, the likes of Square and MicroStrategy have used their own balance sheets to buy bitcoin.\nOn Wednesday, Guggenheim Investments’ Chief Investment Officer Scott Minerdgave a $400,000 price target for bitcoin, citing its scarcity and relative valuation to assets like gold. However, it’s worth noting some investorsmade lofty calls about the bitcoin pricein 2017 that ultimately didn’t come to fruition in 2017.\nSkeptics see bitcoin as a speculative asset with no intrinsic value, with investors like billionaireBerkshire HathawayCEOWarren Buffettsaying trading in the digital currency ismore akin to gambling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":976,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":18,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":3201290,"gmtCreate":1608218715309,"gmtModify":1608218715309,"authorId":3527667803686145,"author":{"id":3527667803686145,"authorId":3527667803686145,"name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":397818829,"type":1,"supId":0,"prevId":0,"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题,可以获得更多曝光哦~如果您想创作优质文章,请查看<a href=\"https://laohu8.com/TW/934879903\">老虎社区创作指引</a>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/397818829"}
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