The price of Bitcoin on November 21 exceeded $98 thousand, once again updating its all-time high. At its daily high, the token was trading at $98,349, according to data from Coindesk.
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At the time of this publication (14:55 Moscow time), the price of the cryptocurrency was $97,968 and increased by 4.57% per day. The capitalization of Bitcoin also updated the record and amounted to 1.94 trillion dollars.
Other popular tokens also showed growth. In the last 24 hours, the price of Ethereum has risen 1.4%, to $3,150; The Solana token has risen 1.12% to $240.6.
The Bitcoin rally continues with the US presidential election, which was won by Donald Trump, who promised to make the United States a leader in the cryptocurrency field. Earlier, on Thursday, November 21, the symbolic exchange rate approached $98,000.
Users of cryptocurrency betting site Polymarket estimated the probability of Bitcoin breaking the $100,000 mark in November at 84%. At the same time, according to 50% of users, the maximum value that the cryptocurrency can reach this month is 105 thousand dollars.
Analysts at investment firm Bernstein previously predicted that Bitcoin would rise to $200,000 in 2025. Experts believe this price is due to rapid growth in institutional demand and the trend toward less regulation of the cryptocurrency market in the United States.
Author:
Bogdan Muzychenko
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
