Bitcoin recently surged to new all-time highs in November 2024, briefly exceeding $99,000, fueled by institutional interest and optimism following the approval of Bitcoin ETFs earlier this year. Market analysts attribute the rally to increased adoption by institutions, a post-halving supply constraint, and renewed investor confidence. Additionally, Bitcoin ETFs recorded record monthly inflows of $6.2 billion, indicating strong demand from traditional finance sectors. As Bitcoin edges closer to the psychological $100,000 milestone, predictions remain optimistic for continued growth into 2025
