Bitcoin (BTC) Price Aims for $84k Next Following the $14k Weekly Candlestick to New All-time High

Quick Summary:

The total crypto market cap rallied over 4 percent in the past 24 hours to hover about $2.9 trillion on Monday, November 11, during the early Asian session.

Moreover, the United States is expected to approve the purchase of 1 million Bitcoins in the next five years in a bid to counter its ballooning national debt.

In the last five weeks, the US spot Bitcoin ETFs, led by BlackRock’s IBIT, have registered more than $7.3 billion in net cash inflows.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 04:26:31 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23508118

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Main Topics: Crypto

Official Website: coinpedia.org

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News Last Updated: 9 hours ago

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