On November 22, 2024, Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, garnered significant attention as it neared the $100,000 milestone. The recent price surge of over 5% in just 24 hours led the asset to reach a new all-time high of $98,988, bolstering a bullish market sentiment.
Bitcoin whales demonstrated their readiness to capitalize on the favorable market conditions by making a fresh purchase of BTC worth $283 million. This move further supports the ongoing bullish momentum and suggests strong confidence in Bitcoin's continued upward trajectory, possibly setting a path toward the anticipated $100,000 mark.
