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Cryptocurrency News Articles

Bitcoin (BTC) Price Today - BTC to USD Live, Marketcap and Chart

Nov 20, 2024 at 04:18 am

Get the latest Bitcoin (BTC) price, market cap, trading pairs, charts and data today from the world's number one cryptocurrency data site

Bitcoin (BTC) Price Today - BTC to USD Live, Marketcap and Chart

Cryptocurrency markets are trading higher on Friday, with Bitcoin recording a new all-time high at $94,040, according to Coingecko data.

At press time, the world’s apex cryptocurrency is trading at $93,844, up 1.3% over the past 24 hours. Bitcoin prices have surged by more than 90% so far this year.

Notable Statistics:

Notable Developments:

Top Gainers:

Trader Notes: As Bitcoin prices crossed all-time highs of $94,000, several crypto traders shared their thoughts on the next possible price targets.

Crypto trader Jacob Canfield predicts a minimum target of $97,000, as indicated by a breakout from an ascending triangle formation.

$BTC – A breakout fom our ascending triangle above here should give us a minimum target of $97,000. pic.twitter.com/PLtKTWEmlz

However, crypto trader More Crypto Online hopes that Bitcoin can move toward $95,000 and then maybe $97,000. On the other hand, the trader remains cautious, suggesting that this could be a corrective range.

Moreover, Santiment data noted that with Bitcoin peaking to all-time highs, whale transactions and retail FOMO could make the "short-term price action unpredictable, but the long-term indicators for Bitcoin looking quite sound."

It also added that in any long-term bull market, dormant coins continuously moving back into circulation.

🥳 Bitcoin has officially made a new all-time high, scraping as high as $93,850 on Coinbase at the time of this writing. Whale transactions and retail FOMO may make the short-term price action unpredictable, but the long-term indicators for BTC (and therefore, crypto) look quite… pic.twitter.com/Ae5qtdU8QN

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News source:www.benzinga.com

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