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Bitcoin Reaches a New All-Time High of $94,000

Bitcoin Reaches a New All-Time High of $94,000

CryptodnesCryptodnes2024/11/21 02:11
By:Cryptodnes

After a slight correction BItcoin regained its bullish momentum and just reached a new all-time high (ATH) above $94,000.

At the time of writing, Bitcoin ( BTC ) is trading at $94,300 after a 1.85% surge in the past 24 huors and 7.3% on the weekly chart. With a trading volume of $75.2 billion and a market cap of around $1.865 trillion, BTC is still dominating the crypto market.

During the past day $330.96 million were liquidated from the futures markets – $212.05 million in longs and $118.91 million in short positions – Bitcoin accounted for $89.11 million.

The 1-day technical analysis from TradingView also shows signs of positive momentum. The summary points to “buy” at 15, while moving averages show “strong buy” at 14. Oscillators remain “neutral” at 9.

READ MORE:
MicroStrategy’s Michael Saylor Set to Present Bitcoin Reserve Proposal to Microsoft Board

The total cryptocurrency market is up 1% in the past 24 hours at $3.13 trillion.

The biggest winner in CoinMarketCap’s top 100 tokens is Cardano ( ADA ) with a 11.7% surge in the past 24 hours and a remarkable jump of 54.53% since last week, and is currently priced at $0.8262.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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