30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $19,477
Bitcoin price has surged over the last day of trading, hitting new all-time highs on some exchanges, while stopping short on others.
Top-20 altcoins have also risen alongside Bitcoin, as Ethereum gains almost 6%, XRP jumps over 8%, and Litecoin leads the way with a 13% rise.
Top Stories for December 1, 2020
Bitcoin has reached new all-time highs in price on crypto exchanges Binance, Bitstamp and Kraken, as other major assets take a hit.
Despite also being regarded as a safe-haven asset, gold is down 0.47% for the day and has performed poorly all of November, while the Dow Jones Industrial Average fell over 1.4%
A former German stock exchange executive has been appointed as the new CEO of crypto derivatives exchange BitMEX, by holding group 100x.
Alexander Hoptner, the former CEO of the German stock exchange known as Borse Stuttgart GmbH, will assume his new position with BitMEX beginning in January 2021.
Christine Lagarde, President of the European Central Bank, has been quoted in an article saying that stablecoins could threaten financial security if they become adopted on a large scale.
Lagarde goes on to make a case for a digital euro in the article, meanwhile denouncing other cryptocurrencies and stablecoin projects – possibly hinting at Facebook’s Libra.
The post Bitcoin Posts New All-Time Highs On Several Exchanges – December 1 appeared first on BitcoinPrice.com.
Source: Bitcoin Posts New All-Time Highs On Several Exchanges – December 1