CandleFocus Bitcoin in ‘Euphoria Zone’ Hits ATH of $81,800 After $14,000 Weekly Gain
2024-11-11
Author: Content Editor
Bitcoin reached a new all-time high of $81,800, marking a weekly gain of 18% and adding $14,000 since November 5. The surge in price came after Donald Trump's victory in the US presidential election. Bitcoin has seen a 93% increase since the beginning of 2024 and a 400% increase since its low in November 2022. Analysts believe the market has entered a state of euphoria and Bitcoin is in new price discovery. Altcoins have also seen gains, but Bitcoin remains dominant with over 59% market share. Memecoins like DOGE, WIF, FLOKI, and SHIB have shown significant increases in the past 24 hours.
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