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December 17, 2017Markets & financeRecords & milestoneswell supported

Bitcoin peaks near $20,000

The 2017 rally topped out just under $20,000 before losing more than four fifths of its value.

The run had drawn retail attention worldwide, futures listings on two U.S. exchanges, and a fee market that made small payments uneconomic. Bitcoin would not trade at this level again for three years.