$BTC We closed the month of November with an appreciation of +37.29%, going down in history as one of the best months for Bitcoin in the entire year, and the month with the highest absolute price appreciation; rising from $70,202 at the beginning of the month and reaching highs close to $100k, closing at $96,441. This performance surpasses not only the gains accumulated in recent months, but also marks one of the largest monthly advances in the recent history of the asset
The strong rise was driven by a combination of factors, including the American elections, the increase in institutional confidence, the entry of new investors into the market and optimistic projections that point to an even more promising future. Since the low of $38,505 recorded in January, Bitcoin has already accumulated an appreciation of more than 150%, consolidating itself as the best performing asset in the global financial market of all time, for the second consecutive year. Additionally, the asset reached a market capitalization of over $1.9 trillion, an achievement of over $1 trillion in market cap by 2024.