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Bitcoin smashes all time high. Hits $20,000.

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It finally happened today. The most popular cryptocurrency, bitcoin (BTC) just revisited the $ 20,000 level for the first time since December 17th, 2017, when it touched $ 20,088.

At 3:00 pm, BTC was already trading at more than $ 20,150 on, Coinbase Pro, Binance, HitBTC and Bitstamp.

Later, it even surpassed  $ 20,681 and is now trading at around $ 20,690. The price is up by 7% in a day and 13% in a week.

After crashing to almost $3,001 in December 2018, BTC started its series of hitting all-time highs (ATH) only in November this year, almost touching $20,000 on the first days of December and later correcting to almost $17,500.

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Crypto

XRP up 100% in a week.

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As organized pumping and dumping efforts continue to spread, the cost of XRP has multiplied in the previous two days, while other as of late siphoned coins have just smashed from their new highs in twofold digits.

On Saturday, XRP was exchanging at USD 0.281 before the convention strengthened and pushed the cost to USD 0.59 by Monday morning . A the hour of composing, the cost is up by 42% in a day and 113% in seven days. It bounced by 145% in a month and 144% in a year.

Additionally, XRP is back as the third biggest cryptoasset by market capitalization, after it slammed because of an administrative crackdown in the US.

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Crypto

Correction is the order of the day for cryptos.

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Bitcoin price is correcting gains from $ 40,500. The previous breakout zone near $ 36,550 could act as a strong support. As long as BTC is above $ 36,550, it might start a fresh increase towards the $ 40,500 level.

Many altcoins climbed over 8%, including VGX, IOST, DOT, CRV, BTCB, ATOM, HED, NEXO, LINK, and ABBC. Out of these, IOST started a strong increase after it broke the $ 0.021 resistance.

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Crypto

Major recovery on the horizon

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After a massive decline, bitcoin price remained well bid above the $ 30,100 zone. BTC traded close to $ 30,300 before it started a fresh increase. There was a clear break above $ 34,200 and the price is currently attempting a close above $ 35,600.

Similarly, there was a recovery wave in most major altcoins. ETH/$ is back above $ 1,051 and it might gain pace once it clears $ 1,151. XRP/$ is showing positive signs, but it must settle above $ 0.31p and $ 0.313 for a fresh increase to $ 0.351.

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