Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’

Quick Summary:

Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.

Ether’s price is up 29% on the weekly chart, surpassing Bank of America’s market capitalization by approximately $40 billion when it rose above a $383 billion market cap.

The Bitcoin (BTC) price broke above a new high of $82,410 at 10:19 am UTC on Nov.11, Bitstamp data shows.

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Article Details

Author / Journalist: Cointelegraph by Zoltan Vardai

Category: Crypto

Markets: United States

Topics: Bitcoin all-time high BTC Bitcoin price Bitcoin analysis Bitcoin breaks record Bitcoin Bitcoin to $85k

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 12:47:10 (3 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 23515509

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 19 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #11

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