Bitcoin price hits all-time high of more than $20,000

Cryptocurrency rose by more than 6% against the dollar amid growing interest from big investment companies

The value of bitcoin, the world’s best known cryptocurrency, has reached an all-time high of more than $20,000.

The cryptocurrency rose by more than 6% on Wednesday to reach $20,632 (£15,283) against the US dollar, extending a winning streak this year amid growing interest among big investment companies attracted to its potential for quick gains.

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