Bulletins

Bitcoin's price hit a new record

The cryptocurrency traded as high as $19,786.24 Monday, beating its 2017 high by about $3.

Bitcoin is up more than 169% in 2020 as a whole, and the Bitcoin Bulls see even more growth to come thanks to companies like PayPal helping bring crypto to the mainstream. All of which means the Winklevoss twins continue to be proven right, though their latest proclamation is really very bullish. "Our thesis is that Bitcoin is gold 2.0 and it will disrupt gold," Tyler Winklevoss told CNBC on Monday. "If it does that it has to have a market cap of $9 trillion. So we think bitcoin could price one day at $500,000 a bitcoin."

 David Pierce

David Pierce ( @pierce) is Protocol's editorial director. Prior to joining Protocol, he was a columnist at The Wall Street Journal, a senior writer with Wired, and deputy editor at The Verge. He owns all the phones.

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