BITCOIN crosses $20,000 for the first time   

Dec 16 (Lagos) - Bitcoin price surged past the 20,000 mark this morning when it rose more than 6% to $20,700 levels. 

The cryptocurrency was last near these levels in early 2018 but prices collapsed to $3000 levels later that year and in 2019. 

This year however has seen a resurgence in crypto-currencies after some websites like Square started accepting bitcoin. Also some wall street firms have started allocating a small portion of their portfolios to crypto-currencies this year and that has helped drive prices higher. 

reporting for on Wednesday, Dec 16 2020 from Lagos, Nigeria
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