Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’

Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.

Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history.

The Bitcoin (BTC) price broke above a new high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows.

BTC/USD, 1-month chart. Source: TradingView

Read more