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Bitcoin Surpasses $99,000 to Set New All-Time High

Bitcoin Surpasses $99,000 to Set New All-Time High

On the morning of November 22, Bitcoin reached a new all-time high, climbing to $99,300.

15-minute BTC/USDT chart on Binance. Data: TradingView.

At the time of writing, the leading cryptocurrency is trading around $99,000. It needs to rise by approximately 1% to reach a six-figure value. Over the past 24 hours, it has increased by 2.1%, according to CoinMarketCap.

The flagship cryptocurrency’s rise is accompanied by significant inflows into exchange-traded funds (ETFs). On November 21, investors poured a total of $1 billion into these products.

Chart of inflows and outflows in spot Bitcoin ETFs. Data: SoSoValue.

Among the top 10 altcoins, XRP shows strong upward momentum, rising by 27%. ETH has gained 8% in value. Solana reached a new all-time high above $260.

Top 10 assets by market capitalization. Data: CoinMarketCap.

Bitcoin’s market capitalization has reached $1.958 trillion, nearing that of Google.

Data: CompaniesMarketCap.

The total market capitalization stands at $3.3 trillion. Bitcoin’s dominance index is at 59.3%, while ETH’s is at 12.3%, according to CoinMarketCap.

The cryptocurrency fear and greed index has reached 94 points, indicating “extreme greed” in the market.

Data: alternative.me.

Experts from CryptoQuant have identified five signs indicating the end of Bitcoin’s rally.

Previously, Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, urged the purchase of digital gold following Michael Saylor’s forecast.

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