Bitcoin Skyrockets to $27,600 Surpassing $500B Valuation

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Bitcoin Skyrockets to $27,600 Surpassing $500B Valuation

Bitcoin (BTC) was able to skyrocket to $27,600 after the Christmas holidays. The virtual currency was able to register new all-time highs and have a market valuation above $500 billion. In addition to it, Bitcoin’s market dominance surpassed 70%, the highest in recent years.

Bitcoin Moves Above $27,600
Bitcoin continues moving higher as it surpassed $27,600 after the Christmas holidays. Investors are closely following the evolution of the price of Bitcoin as it turned parabolic in October 2020. However, not all virtual currencies are experiencing the same price increase.

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