CandleFocus Bitcoin Reaches Historic $88,000, Outpaces Silver’s Market Cap
2024-11-11
Author: Content Editor
In the wake of Donald Trump's victory in the 2024 presidential elections and the Federal Reserve's decision to lower interest rates, the cryptocurrency market, including Bitcoin, has experienced significant growth. Bitcoin has surged to $88,000, surpassing silver's market cap and reaching a valuation of $1.736 trillion. These recent developments have brought Bitcoin predictions of $100,000 and above closer to reality. Bitcoin's value has increased by 11% in a single day and 30% in the past week, contributing to the overall cryptocurrency market valuation of $2.94 trillion, which has seen a 12% surge in the past 24 hours.
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