Ethereum

Solana

Bitcoin

Dogecoin

D.O.G.E.

<p>Bitcoin just hit $93,000, and it’s now $7,000 away from the long-awaited $100,000 target that so many in the crypto space have predicted for the end of the year.&nbsp;</p> 
<p>According to CoinMarketCap, the cryptocurrency is up 5% today with a massive $1.8 trillion recorded in market cap but a 30% drop in trading volume to $108 billion.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="434" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1-1024x434.png" alt="BTC/USDT Price Chart " class="wp-image-214545" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1-1024x434.png 1024w, https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1-615x260.png 615w, https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1-768x325.png 768w, https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1-860x364.png 860w, https://www.cryptotimes.io/wp-content/uploads/2024/11/BTCUSD-Price-Chart-1.png 2010w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   BTC/USDT Price Chart | Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>
  </figcaption>
 </figure>
</div> 
<p>The crypto is actively experiencing intense trading activities, especially on Binance, which has seen over $6 billion in trading volume in the last 24 hours, followed by Pionex exchange with $4 billion.&nbsp;</p> 
<p>While some have taken the surge as an opportunity to sell off. Some see this as a buying opportunity. According to a whale tracker on X (formerly Twitter), several large Bitcoin whales have been buying BTC during recent price dips. Five whales have collectively acquired 952 BTC, worth approximately $83.7 million.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
  <img loading="lazy" decoding="async" width="705" height="451" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/Bitcoin-Hits-90k.png" alt="Bitcoin Hits $93K, Closing in on $100K Milestone" class="wp-image-214546" style="width: 100%;height:auto" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/11/Bitcoin-Hits-90k.png 705w, https://www.cryptotimes.io/wp-content/uploads/2024/11/Bitcoin-Hits-90k-615x393.png 615w" sizes="(max-width: 705px) 100vw, 705px">
  <figcaption class="wp-element-caption">
   Source:&nbsp;<a href="https://x.com/lookonchain/status/1856678849813364743" target="_blank" rel="noreferrer noopener nofollow">X</a>
  </figcaption>
 </figure>
</div> 
<p>Notably, Tether minted an additional $1 billion USDT, contributing to Bitcoin’s price rise. According to Lockonchain, Tether has minted a total of $5 billion USDT over the past five days, injecting significant liquidity into the cryptocurrency market.&nbsp;</p> 
<p>Meanwhile, other top cryptocurrencies have joined the rally. DOGE has surged 14% to hit $0.4218. Ethereum is up 1.58%, while Solana and SUI saw gains of 2.92% and 12%, respectively. In fact, the whole crypto market is up.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/11/13/dogecoin-surges-89-after-trumps-d-o-g-e-announcement/" target="_blank" rel="noreferrer noopener">Dogecoin Surges 89% After Trump’s D.O.G.E. Announcement</a></p> 
</blockquote>

Bitcoin Hits $93K, Closing in on $100K Milestone

The Crypto Times

Other articles published on Nov 13, 2024

XRP to $4? We Are About to Witness One of the Biggest Pumps In Years

XRP Lawsuit News : Ripple vs SEC Could End Soon Amid Leadership Changes

Here’s Why the PNUT Price Exploded by 200% Today

Kraken Tightens Up: Layoffs, New Co-CEO, and a Strategy Shift Amid a Crypto Industry Reset

Here’s Why, Dogwifhat (WIF) Price Skyrockets by 42%

215 Arrests as $230M Crypto Scam Defrauds 15,000 in S. Korea

Join our free newsletter for daily crypto updates!