Bitcoin rose as high as $19,103 on Tuesday, the first time since 2017, as the interest in digital currencies continues to grow. The digital currency pared and traded up 2.2% to $18,817 as of 10.25 a.m. in London.
- The rise in bitcoin points to the wider acceptance of cryptocurrencies among traditional investors.
- In October, PayPal Holding announced a decision to allow customers to access cryptocurrencies, which led Bitcoin to spike above $13,000.
- Fidelity Investments also launched a Bitcoin fund over the summer, catalyzing the price surge.
Bitcoin is currently gaining. BTCUSD is up 3.09%
