Bitcoin futures on the CME hit $100,200 again on Nov. 30, marking the second time in a week. However, Bitcoin's spot price hasn't quite reached the $100,000 milestone, peaking at $98,600 before a sell-off. Trading volumes surged post-Thanksgiving, with a notable spot bid at Coinbase, where the BTC/USD price spread over Binance exceeded $200. Despite strong futures performance, selling pressure near $100,000 persists. Traders are leveraging platforms like Bybit and Binance to push BTC higher, but significant resistance remains. Liquidations of $55 million in shorts have influenced recent price movements.
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