Bitcoin Continues Its Legend

     Bitcoin's meteoric rise in December shows no sign to slowing down, rising above $29,000 on the last day of 2020, marking another all-time high in a glorious year.Thisworld's largest cryptocurrency climbs as high as $29,292 before retreating slightly, rose nearly 50% in      

     December and is on track for its biggest monthly gain since May 2019.

    Bitcoin has tripled this year amid the global coronavirus pandemic. With the recent price surge, the divergence in opinions on cryptocurrencies continues. Some see cryptocurrencies as a hedge against a weakening dollar and inflation risks, while others question Bitcoin’s ability to be an asset class due to its speculative nature and boom-bust cycle.

In short, after many crashes, it is still strong. Bitcoin has refuted a lot of bears with a 224% increase this year.