Dec 27, 2020
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Bitcoin breaks its all-time high again, bouncing above $ 27,000

The cost of Bitcoin on the morning of December 27 was $ 27,232, according to data from the Binance exchange.

At night, the price of bitcoin has already broken a record, exceeding the $ 26,000 mark. Thus, in December, the cryptocurrency has renewed a maximum of six times already. On December 1, bitcoin was at around $ 19,915. On the 16th, the price of bitcoin on the largest cryptocurrency exchange Binance in terms of trading volume increases by 4.3% and exceeds the $ 20,042 mark. So bitcoin updated its all-time high, which was recorded in 2017.

Bitcoin accounts for approximately 66% of the entire global cryptocurrency market.

On December 1, the Russian government submitted to the State Duma a bill on amendments to the Tax Code, which are designed to regulate the taxation of cryptocurrency and its status. The document proposes to recognize digital currency as property so that tax authorities can demand from banking organizations statements of accounts used for transactions. As stated in the explanatory note, cryptocurrency is often used for tax evasion, money laundering, as well as for financing illegal activities, wrote.

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