CandleFocus Bitcoin Tops $91K, Becomes The 7th Most Valuable Asset
2024-11-18
Author: Content Editor
Bitcoin has surpassed $91,000, sparking speculation about reaching a new all-time high. Its market cap has increased to $1.82 trillion, making it the seventh most valuable asset, overtaking Saudi Aramco. Market prediction platform Polymarket shows a 73% chance of Bitcoin reaching $95,000. Additionally, a bet on Bitcoin hitting $100,000 by 2024 has 64% of participants predicting a "Yes." Bitcoin's recent surge has also benefited the Royal Government of Bhutan, whose BTC holdings are now valued at $1.12 billion. Despite the negative media narrative, Bitcoin is gaining momentum and receiving political support, with a Polish candidate promising to establish a Bitcoin National Reserve if elected.
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