Bitcoin hits all-time high of $19,857, extends year-to-date return to 177% | Currency News | Financial and Business News

  • Bitcoin hit a record high on Monday, surging above its peak reached in December 2017.
  • The world’s most popular cryptocurrency climbed as much as 8.7%, to $19,857.03, bringing its year-to-date gain to 177%.
  • “The Bitcoin correction didn’t last long, with the cryptocurrency having sights set on new highs once again,” a senior market analyst at Oanda said.
  • Rising inflation and increasingly negative views of modern monetary policy are forcing investors to look…

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