Bitcoin

Bitcoin (BTC) has recently surged to a record high of $93,481, propelling the total cryptocurrency market capitalization beyond $3 trillion. This extraordinary rally has fueled optimism across the market. At the time of press, Bitcoin has been trading at <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">$89,980</a>. Furthermore, in terms of Top assets by market cap, it beat Saudi Aramco and now sits at the 7th position.This represents a 3.71% increase in the past 24 hours and a notable 20.33% gain over the past week. Social media platforms are abuzz with speculation that Bitcoin could soon breach the six-figure mark, reaching $100,000. Traders have responded by adjusting their positions, reflecting a cautious bullish sentiment as market dynamics continue to evolve.<h2 id="header-0">Market Buzz Intensifies</h2>Market participants are strategically moving their positions in anticipation of Bitcoin&#39;s next move. Long positions have shifted to $80,600, with a significant leverage of $4 billion. Meanwhile, short positions are concentrated at $99,806, with a leverage of $3.16 billion.<a href="https://cryptotale.org/bitcoin-goes-ballistic-and-is-not-so-far-from-100k-target/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Goes Ballistic and Is Not So Far From $100K Target

Table of Contents

CryptoTale

Other articles published on Nov 14, 2024

Kaspa Is the Bitcoin Alternative: Here’s Why KAS Price Could 10x This Cycle

XRP Price Prediction for November 14

Pennsylvania Proposes a Bitcoin Reserve to Recognize BTC’s Value

Meme Coin Market Hits $123B as DOGE, PEPE, WIF, & BONK Explode

ETH ETFs Soar While ARB Hits $150B DeFi Milestone – Qubetics Presale Phase 8 Lures Whales with 10...

5 Best Cryptos to Buy and Hold for 2025 Gains Amid Rise in Investments in Bitcoin Mining

Join our free newsletter for daily crypto updates!