Those who have earlier invested in bitcoin can now reap the benefits of their wise decision. The number one cryptocurrency continues to extend its rally and sets new records, while cryptocurrency holders rejoice at bitcoin’s success. At the moment, the crypto market is picking up momentum and is unlikely to lose steam soon. In December, bitcoin hit a new all-time high: it jumped by 9% and surged above its peak reached on December 18, 2017. Back then, the price of digital currency soared to $19,783.21. This year, bitcoin has advanced by more than 170%, posting most of its gains in early fall. Since the beginning of September, the value of bitcoin has doubled. According to Dow Jones, such a rapid rise is supported by the overall optimistic sentiment in the global markets. In addition, large-scale cash injections from the world's leading financial regulators increase investors' appetite for riskier assets.
