Why is Bitcoin Price Going Up Today?

Quick Summary:

Recently, the price touched $98k, rising by more than five percent.

While we’re not there yet, some analysts believe altcoins could perform well in 2025, especially if Bitcoin’s dominance slows down.

According to Santiment, one key factor to watch is the behavior of whale and shark wallets, which hold at least 10 BTC.

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Article Details

Author / Journalist: Anjali Belgaumkar

Category: Crypto

Markets: United States

Topics: News Cryptocurrency Crypto news Bitcoin Price Analysis Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 11:54:30 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23736356

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 29 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #112

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