The price of Bitcoin on November 21 exceeded $97,000 for the first time in history, according to data from crypto exchange Binance. At 9:30 Moscow time the price of the coin was 97.4 thousand dollars. Capitalization reached a record of 1.93 trillion dollars.
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The record rate is $97.9k on Coinbase and $97.8k on Binance paired with USDT.
Bitcoin started a new price rise on the morning of November 21 at 8:40 Moscow time; The token was then listed on Binance at $94.2k. Throughout the day, Bitcoin price and trading volume increased by 5.75%. Only on Binance it exceeded 85 billion dollars.
Users of the cryptocurrency betting site Polymarket estimate the probability of Bitcoin breaking the $100,000 price threshold in November at 71%. At the same time, the maximum price that the currency will reach in November is 105 thousand dollars; This opinion is shared by 37% of users.
According to Cryptonews, at current growth rates, Bitcoin’s market capitalization will soon surpass that of Amazon, which currently stands at $2.151 trillion. If this happens, the currency will become the sixth most valuable asset in the world.
Along with the rise in Bitcoin price, some altcoins also showed moderate growth. According to Coinmarketcap, Ethereum (ETH) rose in price by 0.17% per day to $3.2 thousand, Solana (SOL) during the same period increased by 1.28% to $238 per coin, Ripple (XRP) added 2.08% and is trading. at $1.11.
Analysts at the investment company Bernstein predicted an increase in the price of Bitcoin in 2025 to $200,000. This price, according to experts, is due to the rapid growth of institutional demand and the trend towards less regulation of the cryptocurrency market in the United States. .
Author:
Mikhail Zelenin
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.
