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Stock impact report

Bitcoin Prices Reached A Fresh Zenith This Week As Multiple Factors Fueled Gains [Forbes]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Forbes
Bitcoin prices rallied to their latest all-time high during the week through Friday, December 20, as multiple variables, including some notable government developments, caused the digital currency to experience some compelling upside. The world's most well-known cryptocurrency reached successive highs on Monday, December 16 and Tuesday, December 17, surpassing $107,000 on the former and $108,000 on the latter, according to Coinbase data from TradingView After rallying to these levels, the digital asset surrendered some of its gains, suffering repeated pullbacks and falling to nearly $92,000 on Friday, December 20, additional Coinbase figures provided by TradingView reveal. Several analysts offered their take on what fueled these sharp price movements, including Alex Lin, cofounder and general partner at venture capital firm Reforge , which focuses on investments in blockchain and frontier tech. “Bitcoin's surge to an all-time high of over $108,000 was propelled by a combinati Show less Read more
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