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  • Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
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Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week

cryptovert November 12, 2024 1 min read

The
largest
cryptocurrency
by
market
capitalization
continues
to
hit
all-time
highs,
which
shows
a
strong
uptrend.
In
the
past
week
alone,
bitcoin
has
added
almost
$20,000
from
its
Nov.
6
low
of
$66,700.
It
was
trading
recently
at
$84,255,
having
climbed
as
high
as
$84,989,
according
to
CoinDesk
Indices
data.
The
CoinDesk
20
Index
(CD20),
a
measure
of
the
broader
crypto
market,
has
climbed
29%
since
the
election.

The
interesting
part
is
that
the
so-called
magnificent
seven
tech
stocks
are
underperforming.
Apple
(AAPL),
NVIDIA
(NVDA),
Amazon
(AMZN),
Microsoft
(MSFT)
and
META
(META)
are
all
down
on
the
day,
while
Google
(GOOGL)
is
slightly
up.
Tesla,

holding
9,720
BTC
,
has
added
9.6%.
Gold
is
down
almost
3%.

Continue Reading

Previous: Espresso, Project for Composability Between Blockchains, Pushes Main Product Live
Next: Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors

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