BCGAME - Free 5BTC Daily Bonus!The price of Bitcoin Today 14/11/2024 is showing a 4% increase trading above the $91 level. Recently, the asset reached a new level after breaking the $93 barrier for the first time and setting a new ATH. In a bullish spike, Bitcoin set its new all-time high yesterday at $93.477,11.
Bitcoin reacted positively to the release of US inflation data yesterday, rising above $93. After hitting its ATH, the largest cryptocurrency failed to sustain the level and retreated. Currently, BTC is trading around $91.223,34. Since last week, Bitcoin has been breaking consecutive price records, boosted by Donald Trump’s victory and the US Federal Reserve’s rate cut.
At the time of publication, Bitcoin’s price was trading at $91.110,40, up 3.7% in the last 24 hours, equivalent to approximately R$534.495,90 BRL and €86.861,24 EUR. In its weekly development, the asset showed an impressive growth of 21.4% in its price over the last seven days.
Market analyst Ali Martinez noted in a analysis technical that if Bitcoin's price action is following a cup and handle pattern, the upside target for the cryptocurrency could reach an impressive $255.000.
Similarly, following Bitcoin’s recent development, most major cryptocurrencies are showing a stabilization in their prices, with notable declines in the last 24 hours. Ethereum is trading at $3.191,29 with a 0.5% increase in its price. XRP is trading at $0,7141 with a 5.9% increase. Cardano is currently trading at $0,5672 after rising 5.2% in the last day. Solana is currently up 3.2% and is trading at $215,78.
The standout among the top 100 cryptocurrencies on the market is the Pepe token (PEPE), which has exploded by 60.5% in just 24 hours. In its weekly development, PEPE has seen an impressive increase of 104.3% in the last seven days.
