Bitcoin surges past $20,000 to new all-time-high

The price of bitcoin surged past the $20,000 mark on Wednesday morning to $20,820, a new all-time-high and the latest milestone in a 2020 surge that accelerated during the COVID-19 pandemic. The new high took bitcoin’s market cap to $384 billion.

Bitcoin already bested its December 2017 peak on Nov. 30 when it topped $19,800, but it swung wildly in the days after, and $20,000 was seen as a major resistance level.

The majority of cryptocurrency exchange sites say this is the first time…


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