Islamabad, Nov 12: Bitcoin Nears $90,000 Mark, Reaching New All-Time High Amid Surging Demand. Bitcoin is approaching $90,000 on Tuesday, having reached another peak of $89,640 during early-morning trading as investors wager heavily on Donald Trump’s potential return to the White House after his decisive win in the US elections last week.
The market has surged approximately $8,600, or 11 percent, over the last 24 hours, with investors optimistic that the leading cryptocurrency will reach the much-anticipated $100,000 mark in the upcoming days.
As of 9:30 AM today, the leading cryptocurrency had risen by 8 percent, trading around $88,200.BTC is embarking on a new price discovery journey that commenced last week. Current market sentiments are projected to remain strong for the rest of this calendar year.
Ethereum has increased by 4.8 percent, now valued at $3,337. Solana saw a rise of nearly 5.56 percent, while the token associated with the decentralized finance project Polygon gained about 3 percent. Dogecoin has surged by 25 percent.
