CandleFocus Bitcoin hits $85K milestone as Google Trends signals renewed retail interest
2024-11-11
Author: Content Editor
Bitcoin reached a new all-time high of $85,000, driven by increased interest from retail investors and continued institutional buying following Donald Trump's primary victories. Google search interest in Bitcoin peaked at 100 during Trump's electoral wins and has been steadily climbing since then. The success of Bitcoin ETFs is also driving interest, with BlackRock's IBIT surpassing its iShares Gold Trust counterpart in assets under management. The Fear and Greed Index reflects extreme greed, indicating market euphoria. Overall, the current bull market may continue into 2025 as Trump prepares to take office.
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