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Bitcoin on longest monthly winning run since 2019 after topping $28,000

The currency's rise points to a growing acceptance of crypto as an asset class of its own, according to experts

Bitcoin
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It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time.

Bloomberg
Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.
 
The largest cryptocurrency reached an all-time high of $28,365 on Sunday before paring some of the advance, according to a composite of prices compiled by Bloomberg. The run of outsized returns over October, November and December so far is the longest such stretch since mid-2019.
 
“My sense is we’re very close to a top — we could hit $30,000 though,” said Vijay Ayyar, head of business development with crypto exchange Luno in Singapore. “We