Bitcoin Surpasses $98,000 Mark
On November 21, Bitcoin’s price exceeded $97,800 on Binance, setting a new ATH. The asset rose by 5.1% over the past 24 hours, according to CoinGecko.
The leading cryptocurrency has surpassed the $98,000 level.
At the time of writing, the leading cryptocurrency is trading above $97,100.
Bitcoin’s market capitalization has reached $1.922 trillion, closely approaching Amazon’s valuation.
Among the top ten assets by market capitalization, significant growth is not observed. XRP shows the most positive trend with a 2.1% increase.
The market capitalization stands at $3.3 trillion. Bitcoin’s dominance index is 58%, while ETH’s is 11.3%.
According to Coinglass, positions worth $454.8 million were liquidated in the past 24 hours.
The cryptocurrency fear and greed index has reached 82, indicating “extreme greed” in the market.
On November 20, Bitcoin’s price surpassed $94,000. Some experts attributed the upward movement to the commencement of trading in the U.S. of spot Bitcoin ETF options by BlackRock.
Previously, CryptoQuant’s founder and CEO Ki Young Ju raised the target price forecast for digital gold in the current cycle to $135,000.
Analysts at BCA Research have suggested the asset could rise above $200,000, a similar assessment was made by Bernstein.
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