Debate rages over the status of the digital asset, launched in late 2008, as to whether it should be considered a form of money, an asset or a commodity. — AFP Relaxnews
LONDON: Bitcoin’s record-breaking and volatile 2020, aided by increased popularity among individual investors, could be set for calmer times according to specialists, despite the new year starting with more sizeable swings.
Having quadrupled in price last year also on strong institutional interest, the leading virtual currency soared by 20% in just 72 hours to reach an all-time high US$34,792 (RM139,776) on Dec 3.
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