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Bitcoin Hits $23,000 as It Continues Its Historic Ascent

By Yuri Molchan
Thu, 17/12/2020 - 9:17
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Bitcoin Hits $23,000 as It Continues Its Historic Ascent
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Bitcoin continues rising at an astounding pace. On Dec. 16, it first surged above the $20,000 level, then broke through $22,000 just as easily.

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Another all-time high has been set now, as the king crypto surpassed the $23,000 level on crypto exchanges.

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Image via TradingView

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Bitcoin continues ascending as more news of the Fed planning to print more USD emerges. Along with it, more and more big-name financial institutions are getting into Bitcoin to rescue their cash reserves from devaluation.

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At press time, Bitcoin is changing hands at $23,306.

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