EBON - Bitcoin tops $28.5K before paring gains; Riot leads Bitcoin stocks
Bitcoin (BTC-USD) +6% set another all-time higher earlier this morning, at $28,585.54, before easing back.It's up more than 40% for December and up 290% for 2020 as the year draws to a close.Riot Blockchain ([[RIOT]], +8.7%) is leading Bitcoin-related stocks, with Grayscale Bitcoin Trust ([[GBTC]], +5.3%), Marathon Patent Group ([[MARA]], +4.7%), Bitwise 10 Crypto Index Fund ([[BITW]], +1.5%) higher, but Ebang International Holdings ([[EBON]], -3.7%).Institutional investors are thought to be driving the December run, with Anthony Scaramucci’s Skybridge Capital, MassMutual and Guggenheim the big players, CoinDesk reports.Take a look back at an astonishing year in Bitcoin.
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Bitcoin tops $28.5K before paring gains; Riot leads Bitcoin stocks