Bitcoin has surpassed $97,000, reaching new all-time highs and approaching the $100,000 milestone. The rally is attributed to the recent Republican win and the pro-crypto government stance. BlackRock’s IBIT options launch was successful with a $2 billion first-day milestone. Profit-taking is occurring at current levels, with average November sellers at 60% profit.
The RSI indicates potential for continued upward momentum, currently at 74.
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<p>The post Bitcoin Hits All-Time Highs: Institutional Adoption and Political Developments Fuel Surge first appeared on CoinBuzzFeed.</p>
