From Barchart: 2024-11-22 05:20:35

Bitcoin hit a record high of $97,000 driven by anticipation of ETF approval and Trump-related developments. Institutional support and hedge fund adoption also fueled the rally.

Speculation on SEC approval of Bitcoin ETFs boosted market sentiment. Trump’s involvement and endorsements added to the excitement, driving up trading volumes.

Institutional inflows and hedge fund interest have contributed to Bitcoin’s rapid price surge, solidifying its position as a dominant player in the financial markets.

FMP APIs offer tools to track top gainers and analyze currency pairs impacting Bitcoin’s price, highlighting the cryptocurrency’s resilience in the face of regulatory changes and growing institutional interest.



Read more at Barchart:: Bitcoin Hits Record High on Trump Hype and ETF Options Launch