Bitcoin price surge continues Bitcoin has reached new all-time high levels to trade above $35,000, as the world’s largest cryptocurrency continues its 2020 price surge Bitcoin price (US$) May 20 Exceeds $2,000 for first time since 2009 launch Dec 17: $19,511 Reaches peak, before losing 70% of its value over course of following year Jan 6: $35,842 Advances as much as 6%, surpassing previous high set on Jan 3 Dec 31: $28,946 Increase of around 400% since start of year, amid heightened interest from bigger investors 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2017 2018 2019 2020 2021 Sources: Bloomberg, CoinDesk, The Economist © GRAPHIC NEWS