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Bitcoin Hits $25K for First Time Ever - CoinDesk (coindesk.com)
The price of bitcoin (BTC) topped $25,000 for the first time ever, a mere week after breaking $24,000 for the first time.
  • The price of the leading cryptocurrency continued its recent torrid run, setting a new all-time high of $25,005.53 before falling back to $24,971.23, up 6.28% on the day. Year-to-date BTC is up more than 240%.

  • Institutional investors are perceived to be driving this record-setting run. Among them: Anthony Scaramucci’s Skybridge Capital ($25 million in December); MassMutual ($100 million in December);  and Guggenheim (up to 10% of its $5 billion macro fund).
Read more: Over $20K? Why Is Bitcoin Worth Anything at All?
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    Francisco Gimeno - BC Analyst At the time of this writing BTC is already beyond the 27k mark, and there is nothing in the horizon signing otherwise but going up. Soon or later there will be a correction for investors to get some benefits in fiat, but who knows, it seems we could even reach 30k before the end of this year. We will see.