Bitcoin's price surges past $20,000

Bitcoin's price has surged above $20,000.

The price of the biggest cryptocurrency by market capitalization jumped above the $20,000 market on Wednesday, and at press time is trading hands above $20,100 on Coinbase. Per trading view, prices on that market hit a high of $20,420 during the surge.

The development saw bitcoin break above its previous all-time high, which took place at the start of December.