Bitcoin and other crypto currencies seem to just defy gravity!  Bitcoin rose to $19834 on Nov. 30, 2020, toppling the 2017 record high.  Trading volume had increased to $50 Billion a day as well.  With the falling US dollar and very few places to make any money in bonds or treasuries Bitcoin offers some people a way to see gains.  Also with the huge US Bailouts to citizens due to Covid as well as the business loans and no pay back money the US is propping up the economy at levels never seen before unsettling the faith in the US dollar.  Additionally, the rush to a cashless way of doing things points to Bitcoin as the newest of the tech advances that will could start to play a role in our everyday life, possibly pushing Bitcoin higher and into more use regardless of what banks and the government feel about it, forcing them to start to accept it as currency.  Even Paypal now accepts crypto currencies like Bitcoin!