02/12: Bitcoin approaches $98,000 after a strong surge in November, altcoins flooded with green

Bitcoin is currently nearing the $98,000 mark, achieving an increase of about 38% in November, thanks to expectations of a more cryptocurrency-friendly administration under former President Donald Trump. His victory has led to a strong influx of capital into the market, boosting investor confidence in the potential for legalization and clear regulations for the cryptocurrency industry.

At the same time, the excitement surrounding Trump's election has driven Bitcoin prices to continuously reach new records, making the cryptocurrency market more positive. This trend not only affects Bitcoin but also altcoins, many of which have recorded strong growth as positive sentiment spreads throughout the market.

However, a correction may occur as some investors take profits after the strong price surge. Analysts remain optimistic about Bitcoin's growth prospects in the short and medium term, predicting that prices could reach the $100,000 mark in the near future.