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Bitcoin is back -- but can the comeback last?

Bitcoin is back -- but can the comeback last?

19 Nov, 2019

New York (CNN Business)Bitcoin, which recently celebrated its eleventh anniversary, has surged this year. Prices have more than doubled to around $8,500 in 2019.

Bitcoin (XBT) has enjoyed a nice rally in recent weeks as well, even as skepticism about Facebook (FB) and and its Libra cryptocurrency mounts in Washington and Europe.
It appears that bitcoin fans are not worried about what will happen to Libra. The mere fact that Facebook has shown such interest in cryptocurencies is being viewed as validation for bitcoin and other forms of digital payments.