As of November 13, 2024, Bitcoin (BTC) is trading at approximately $87,293. Over the past 24 hours, it reached an intraday high of $89,937 and a low of $85,125.
This recent surge follows the U.S. presidential election on November 5, where President-elect Donald Trump expressed strong support for cryptocurrencies, pledging to make the U.S. the "crypto capital of the planet." Analysts are optimistic, with some predicting Bitcoin could reach $100,000 by the end of the year.
The broader cryptocurrency market has also experienced significant gains, with the total market capitalization surpassing $3 trillion for the first time in three years.
Investors are advised to monitor market developments closely, as the cryptocurrency market is known for its volatility.