Bitcoin rate has reached an absolute maximum in history

After three years of waiting, the price of Bitcoin exceeded its all-time high on Monday, November 30, at(Binance, Bitstamp, Kraken), which was established in December 2017.At Huobi, Coinbase and Bitfinex, the PRICE of BTC is also close to ATH.

"The value of the new record high (in dollar terms) cannot be underestimated", said Kevin Kelly, co-founder of analytics company Delphi Digital, in a commentary for CoinDesk.

"Many skeptics have publicly criticized bitcoin for not being able to reach a new high despite the favorable macroeconomic background, so this is further evidence of bitcoin's resilience."

The "favorable background" means the pre-term stimulus of central banks against the background of the slowdown in economic growth due to the coronavirus pandemic.Many bitcoin investors see digital assets as a hedge against inflation.

Since the beginning of the year, Bitcoin (BTC) has risen by 167%.Since its annual low in March, after falling by 50% per day, bitcoin has grown by more than 400%.

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According to Karim Helmy, Coin Data AnalystMetrics, from a fundamental perspective, the case for sustainable Bitcoin growth has never been stronger. The total number of active Bitcoin wallets has soared to an all-time high, and overall network activity is approaching the levels of the latest bull rally.

Most altcoins are still far from their historical highs.lower by 58% of the ATH, which was set at the end of 2017, Lightcoin and XRP are lower by 77% and 82% respectively.

According to The Tie, Bitcoin has reached an all-time highamid a lack of interest from retail investors and the mediaFor example, the total volume of tweets associated with BTC is much lower than the levels of the end of 2017 and has not changed much in the last two years.Mentions in the media are also at a fairly low level.less than one-fifth of the 2017 2017.

"I don't think a lot of people outside the industry willinteresting to reach historical highs"- said Messari analyst Ryan Watkins.

According to Watkins, in 2020, the attention of a wide audience attracted the U.S. presidential election and the pandemic of coronavirus.

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