Bitcoin and crypto market analysis for 2020’s last week

In traditional markets, the S&P 500 remained steady throughout the week, finishing on 3,722. In Europe, the STOXX 600 rose marginally, finishing the week on 395. And here in the UK, it was a different story, with ongoing Brexit negotiations and the uncertainty surrounding No Deal sending jitters through the FTSE All-Share; it finished the week on 3,685. In crypto markets, there was a little more movement. Bitcoin flew to an all-time high of $23,586. Some altcoins also experienced positive movement, with Ethereum hitting a 7-day high of $673 and Litecoin remaining solidly above the $100 level. Simon Peters, analyst, eToro: Bitcoin blasts through barriers aplenty I’ve mentioned previously that I could see us breaking $20,000 before the end of the year. That has now come to pass, and in quite extraordinary fashion, bitcoin flying through $20,000, $22,000, and then $23,000 in just 24 hours. We are now hovering around…

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