Economic Affairs

Revisiting bitcoin: The No. 1 crypto asset has become the financial virus of our time

The No. 1 crypto asset has become the financial virus of our time.

Associate Editor
Bitcoin has outperformed every other asset class this year, soaring by more than 150 per cent since Jan 1.PHOTO: REUTERS
  • Published
    Nov 25, 2020, 5:00 am SGT
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With bitcoin now close to revisiting its December 2017 all-time high of just under US$20,000, it is time to look at the reasons for its recent resurgence.

The world's No. 1 cyber asset has outperformed every other asset class this year, soaring by more than 150 per cent since Jan 1.

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