Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat

Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat
Institutional investors are powering this year's bitcoin bull run.
(Shutterstock)

After seeming to take a couple of days to catch its breath following its , the price of bitcoin (BTC) once again resumed its torrid upward pace, setting a new all-time high $28,579.59 early Wednesday morning.

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UPDATED on 12/30/20 at 8:51 UTC: Updates with latest price activity.

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