Bitcoin prices hit $97,765 in early trading in Asia on Thursday, Nov. 21, according to Tradingview on Bitstamp.
The cryptocurrency has now gained a whopping 40% since Donald Trump’s presidential election victory earlier this month, adding more than $28,000 to its price. To put this into perspective, one BTC traded for around $28,000 in October 2023, just over a year ago.
Moreover, BTC is now around 2% away from hitting the milestone six-figure price of $100,000.
Where we’re heading, $100K candles are the new $10K candles.
— K A L E O (@CryptoKaleo) November 21, 2024
Experts and Analysts React
Industry experts and analysts have started talking about the supply shock, with demand for BTC far outstripping supply.
On Nov. 21, ETF Store president Nate Geraci observed that almost 20 million BTC had already been mined, between four and five million were “lost,” and one million were in Satoshi wallets. Moreover, Bitcoin ETFs now hold a million BTC, and MicroStrategy is on its way to
We współpracy z: https://cryptopotato.com/bitcoin-nears-98000-just-2-away-from-six-figures/
