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

Demand for the cryptocurrency surges during November

The price of bitcoin has hit an all-time-high of almost $20,000 three years after the cryptocurrency last spiked to that level.

One bitcoin was worth $19,850.11 (£14,880) on Monday afternoon, according to CoinDesk, a bitcoin price index. By Monday evening its value fell back to about $19,223.

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