Bitcoin Hits $82K As Market Sentiment Turns Bullish

Bitcoin sets new record as market cap crosses $1.6 trillion.

Bitcoin just broke its previous records on November 11, 2024, as the OG crypto surged to $82,234, riding a wave of institutional investment and renewed political optimism.

The milestone comes just days after Donald Trump’s presidential election victory, which has ignited a new wave of enthusiasm in the market.

The leading crypto’s total market value has now exceeded $1.6 trillion, marking a historic moment for the coin that began trading at pennies in 2009.

Institutional appetite for Bitcoin has already reached new heights, evidenced by BlackRock’s iShares Bitcoin Trust ETF (IBIT) pulling in $1.1 billion in a single trading day this week. Combined with other spot Bitcoin ETFs,…

Source link