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Market is Green 💚💚 BTC 🔥 have trend 📈 break the $100k
#WeAreAllSatoshi #BTC☀️ #Bitcoin❗ #Binance. 

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Bitcoin Surpasses Silver's Market Cap, Price Reaches Near $90,000 on Trump Boost Bitcoin is now ahead of silver in terms of market capitalisation, with Bitcoin at $1.757 trillion, while silver $1.729 trillion. Bitcoin All-Time High: Bitcoin on Tuesday climbed close to $90,000, amid continued rally in the cryptocurrency market on the euphoria since the election of Donald Trump as US president on expectations that his administration will be crypto-friendly. With a market capitalisation of $1.75 trillion, the world’s biggest cryptocurrency has surpassed silver’s market capitalisation of $1.729 trillion. On Tuesday, Bitcoin hit its all-time high of $89,604 at 4:55 am, which is over 10 per cent higher than the price recorded 24 hours ago. As of 10:38 am, the crypto was trading at $88,788.14. “As on November 12, 2024, Bitcoin is ahead of silver in terms of market capitalisation, with Bitcoin at $1.757 trillion, while silver $1.729 trillion. As a result, Bitcoin is the eighth biggest asset in the world by market capitalisation," said Avinash Shekhar, co-founder and CEO of Pi42. He added that the surge in the crypto’s movement may be because the investors are optimistic, as can be gauged from the recent increasing volumes of trades in the trading of ETF. “Optimism is that Bitcoin can easily go up to $100,000, but after taking profit to a correction of about $75,000 briefly," Shekhar said. The crypto market has reached a historic milestone, surpassing a total market capitalisation of $3.12 trillion, edging closer to the size of France’s GDP. Meanwhile, crypto equities followed suit, with stocks like Coinbase and MicroStrategy posting impressive gains of 20-30 per cent. MicroStrategy, in particular, saw a 25 per cent rally, closing at a new all-time high of $340." #BTC $BTC #WeAreAllSatoshi $BTC #BinanceEverywhere #etherreum

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Bitcoin Surpasses Silver's Market Cap, Price Reaches Near $90,000 on Trump Boost

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Why Could Bitcoin Experience Increased Volatility After The Election? Options traders anticipate a significant increase in the price of Bitcoin after the 2024 U.S. elections. This anticipation is manifested by strong demand for call options at levels of $70,000 to $80,000, reflecting a growing optimism regarding increased market volatility. Context and Expectations of Traders Call options allow traders to buy Bitcoin at a predetermined price at a future date. The growing demand for these options at high levels indicates that traders expect the price of BTC to increase significantly after the elections. This anticipation is fueled by several factors, including: • Political uncertainties: The U.S. elections create uncertainty that can influence financial markets, including the crypto market. The election results may have implications for cryptocurrency regulation, which could affect investor confidence. • Market sentiment: The overall sentiment of investors also plays a crucial role in Bitcoin volatility. Increased optimism, as evidenced by the demand for call options, can lead to significant price movements. • Regulation and monetary policy: Monetary policies and regulatory decisions made by the U.S. government after the elections may also influence the Bitcoin market. For example, cryptocurrency-friendly policies could stimulate demand and increase volatility. Implications for Bitcoin Investors For investors, this period of increased volatility can offer opportunities but also risks. Those who anticipate a rise in the price of Bitcoin can benefit from the demand for call options. However, it is essential to remain vigilant about potential market fluctuations and manage risks appropriately. In summary, the strong demand for Bitcoin call options at levels of $70,000 to $80,000 following the U.S. elections reflects growing optimism and anticipation of increased volatility. Investors need to be aware of the factors influencing this BTC volatility and prepare accordingly to navigate this dynamic market. $BTC $BNB

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