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16 Dec 2020 Bitcoin (BTC) sold for over $21,000 in Wednesday afternoon trading, mere hours after it first broke the price barrier of $20,000. According to CoinDesk, the digital currency sold for more than $21,000 for the first time ever during the 4:00 PM EST hour, peaking at a price of $21,443.07 at the time of this writing. Bitcoin’s latest growth cycle has come several months after its latest “halving” a software feature that periodically cuts the growth rate of its monetary supply by half. Demand has risen, in part, from high-dollar purchases by companies such as PayPal, Square, and investment firms like Grayscale. Most recently, Michael Saylor’s company MicroStrategy announced it had raised $650 million to purchase more BTC than the more than 40,000 it already owned. And just last week, Massachusetts Mutual Life Insurance Co. (MassMutual) announced it had acquired $100 million worth of Bitcoin. ....