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Bitcoin Trading Volume Hits $170B ATH as BTC Surges to $90K – Retail Demand Explodes!

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By on November 13, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Trading Volume Hits $170B ATH as BTC Surges to $90K – Retail Demand Explodes! appeared first on Coinpedia Fintech News

Bitcoin has reached a new all-time high of $89,956, driving its trading volume to a record-breaking $170 billion in just 24 hours. This surge, up nearly 50% from previous highs, is largely fueled by retail investors, who are increasingly drawn to Bitcoin following Donald Trump’s victory in the U.S. presidential election. Trump’s promises of a crypto-friendly environment and a “Strategic Bitcoin Reserve” have sparked optimism. Additionally, Bitcoin ETFs have seen major growth, contributing to the recent rally. Analysts predict this retail-driven momentum could continue for weeks, with many projecting Bitcoin’s price to hit $100,000 or even $200,000 soon.

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