Bitcoin surges past $13,000, its highest price since January 2018 and the first significant recovery milestone after the brutal 2018 bear market that saw BTC drop over 80% from its all-time high. The rally was fueled by renewed institutional interest, Facebook's Libra announcement, and growing global economic uncertainty. For many who had endured the "crypto winter," the recovery to five figures validated the long-held conviction that Bitcoin's boom-and-bust cycles always resolve higher. The $13,000 level proved to be the peak for 2019 -- Bitcoin would not sustainably surpass it until late 2020.
CoinDesk: Bitcoin Hits $13,000