Bitcoin’s (BTC) bullish momentum shows little sign of slowing down.
BTC currently trades at $87,710, with an impressive 6.68% rise in the last 24 hours and a 26.02% gain over the past week, Bitcoin is pushing into uncharted territory, bringing its market cap to a formidable $1.7 trillion.
Bitcoin 1-day price chart. Source: Finbold
The rally is driven by a confluence of factors, from the increasing scarcity of supply and aggressive whale accumulation to institutional flows, including a record-breaking $3.4 billion in Bitcoin ETF purchases over a span of four days.
November 11th’s unprecedented single-day gain in Bitcoin’s price only underscores the strength of the current uptrend.
BTC records largest-ever daily price swing, with an $8,343 jump on Nov. 11
According to a report Cointelegraph on X, citing Galaxy Research data, Bitcoin (BTC) recorded its largest-ever daily price swing on Nov. 11. The opening price was $80,427.69, closing at $88,770.73,… pic.twitter
We współpracy z: https://finbold.com/machine-learning-algorithm-predicts-bitcoin-price-for-november-30/
