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Bitcoin News Roundup for Dec. 2, 2020

With the price of BTC closer than ever to $20K and the largest asset manager in the world talking bitcoin, CoinDesk's Market's Daily is back with another crypto news roundup.

December 2, 2020

With the price of BTC closer than ever to $20K and the largest asset manager in the world talking bitcoin, CoinDesk's Market's Daily is back with another crypto news roundup.

This episode is sponsored by Crypto.com, Nexo.io and this week’s special product launch Allnodes

Today's stories:

As bitcoin set a new price high closer to $20,000 on Tuesday, the network also saw record-breaking user activity.

About 65% of users would use bitcoin as a currency at PayPal's 28 million merchants, one study found.

XRP jumped 169% in November to top the performance rankings among digital assets in the CoinDesk 20, outperforming bitcoin and ether.

The head of the world's largest asset manager. BlackRock, has provided a bullish take on the world's first cryptocurrency.