While market watchers await the arrival of Dow 20,000, Bitcoin, the nascent digital currency nearing its 8th birthday, make actually reach its own milestone before the Dow as it continues its multi-year bullish rally towards $1000.
Since the Presidential election of Donald Trump, markets can more clearly price future expectations and in turn, both Bitcoin and the Dow Jones Industrial Average are rallying to near unprecedented heights. The surge of Bitcoins price, however, has primarily been fueled through interest abroad, with geopolitical pressures and monetary environments in China, India, and Venezuela pushing investors towards the independently minded digital alternative.