Bitcoin Hits Fresh 2020 High, Approaches $13K
Bitcoin's price clocked fresh 2020 highs on Wednesday after online payments company Paypal announced support for cryptocurrencies.
The number of investors with over 1,000 bitcoin has peaked to four-year highs amid the recent price rally.
Chainalysis Chief Economist Philip Gradwell tips his five favorite blockchain data points for analyzing cryptocurrency markets.
Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market.
The latest rally leaves bitcoin up 80% year to date, an enviable performance that's bound to inspire the fear of missing out among some investors.
The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.