Bitcoin Pops Over $9,000 After Twitter’s Jack Dorsey Makes Bold Bet - News Summed Up

Bitcoin Pops Over $9,000 After Twitter’s Jack Dorsey Makes Bold Bet


Bitcoin adoption has stalled and crypto trading volume has crashed—but that's not stopping Twitter's chief executive Jack Dorsey who's convinced bitcoin is the future. The bitcoin price, still half its all-time high, has struggled to regain the levels it reached in late 2017, though climbed through last year after a disastrous 2018. [Updated: 4:53pm EST 27/01/2020] The bitcoin price has soared today, briefly climbing above the $9,000 per bitcoin mark on the Luxembourg-based Bitstamp exchange before falling back slightly. However, it's unclear exactly what mainstream adoption of the bitcoin Lightning network would mean for the bitcoin price. The bitcoin price has climbed over the last year but remains far from its all-time high of almost ... [+] $20,000 per bitcoin.


Source: Forbes January 27, 2020 09:00 UTC



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