The price of Bitcoin is approaching 100 thousand dollars.

Over the past 24 hours at the time of this publication (11:44 Moscow time), the price of Bitcoin has increased by 2.19%, over the past week – by 12.35%. According to CompaniesMarketCap, Bitcoin’s capitalization is $1.962 trillion, surpassing the value of the world’s largest oil company, Saudi Aramco, at $1.801 trillion, and making the currency the seventh most valuable asset in the world. With further growth, the token could surpass Alphabet (Google’s parent company) with a capitalization of $2.06 trillion and Amazon ($2.085 trillion).

Some large altcoins are showing moderate price increases. The second largest cryptocurrency in the world by capitalization, Ethereum, rose in price by 7.6% in 24 hours and at the time of this publication it was trading at $3,381, the price of Solana increased in 24 hours by 7.57% to 260 dollars, Ripple (XRP) 23.66. % at $1.39. On November 22, the CMC Crypto Fear&Greed market greed index reached its highest value since March this year: 88 (extreme greed). The index measures the market perception of the value of assets; High values ​​indicate that they are overvalued by investors.

Bitcoin’s value growth was positively influenced by the first day of trading of Bitcoin ETF options from the world’s largest investment company BlackRock on November 19, Bitcoinist reports. According to the publication, on the first day the nominal turnover reached 1.9 billion dollars.

The price of the currency continues to rise amid favorable news from the United States: Reuters, citing cryptocurrency industry experts, writes that Donald Trump, who won the US presidential election, approves the creation of a national reserve of bitcoins. Criptonoticias attributes the growth to the upcoming resignation of the head of the US Securities and Exchange Commission, Gary Gensler, known for his skepticism regarding cryptocurrencies.