Cryptocurrencies

Bitcoin Extends Rally With Chart Watchers Eyeing $20,000

  • Largest cryptocurrency has more than doubled this year
  • Bitcoin valued at over $1 billion linked to Silk Road seized
Photographer: Andrey Rudakov/Bloomberg
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Bitcoin is in rally mode once more.

Whether it’s uncertainty from the U.S. election, the future of the pandemic or fear of missing out, the cryptocurrency is at the highest level since January 2018. Bitcoin jumped as much as 9.2% to $15,301 as of 11:27 a.m. in New York.