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11/20/2020, 3:59 PM (Source: TeleTrader)
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Bitcoin continues surge as coronavirus crisis extends

The price of bitcoin surged on Friday as the coronavirus crisis continued to prompt significant uncertainties in the world's major economies. Stimulus talks stalled in both the United States and the European Union, while the coronavirus spreading rate remained at concerning levels. On the vaccine front, government officials from Washington and London asserted mass inoculation is expected to begin "in a matter of weeks."

Meanwhile, the latest news from the cryptocurrency world revealed that the first company-sponsored Bitcoin pension plan was established earlier today. Bitcoin surged 4.31% over the last 24 hours to sell for $18,595.72 at 9:57 am ET, reaching the level last seen in 2017. Ether closely followed the rise, jumping 7.56% a minute later to go for $507.48.

Breaking the News / ND