Bitcoin approached the historical maximum

Bitcoin quotes broke the level of $ 19,000 and approached the historical maximum ($ 19,892), reached on December 17, 2017.

In November, Bitcoin has risen in price by 40%, from the beginning of the year - by 160%, Reuters notes .

Unlike a speculative bubble of three years ago, now the growth of cryptocurrencies is institutional reasons, writes Forbes. The point is disinflation risks and the loss of faith in the main currencies, due to which cryptocurrencies become a digital analogue of gold. All this does not exclude inflating the cost before the traditional rally on the eve of thanksgiving (November 26).

About whether Bitcoin can actually be considered an analogue of Dragmetal, we wrote here .