Bitcoin - Overview of 20.11.2024

Financial and commodity markets analytics


Bitcoin rose to a record high near the $94,000 mark.

The rise came amid a report that Donald Trump's social media company is in talks to buy cryptocurrency trading firm Bakkt, bolstering hopes that a regime loyal to the crypto industry will be introduced. After updating the high, quotes returned to the narrow range of $91000-92000, acting as local support. Economic data published in the U.S. in the second half of the week may lead to increased volatility and development of the situation.