Bitcoin surpasses $95,000, setting a new all-time high
Nov 20, 2024
Bitcoin has first surpassed $95,000, setting a new historical high. It has risen 40% in the past month and over 105% in 2024. The approval of Bitcoin ETF options has fueled this growth, marking Bitcoin's status as a mainstream institutional investment. The trading of options for BlackRock's iShares Bitcoin Trust and other ETFs is active, with nearly $1.90 billion in trading volume on the first day. Market momentum began on November 5 when Trump won the presidential election, and it is expected that Bitcoin will exceed $100,000 within two months.