Bitcoin Hits Record $94,000 as BlackRock's ETF Anticipation Drives Surge

Nov 19, 2024, 05:37 PM

Bitcoin surged past $94,000 today, reaching a new all-time high as investor interest intensifies. The cryptocurrency reached $94,250, sparking speculation about when it might hit the $100,000 milestone. The price increase coincides with reports that BlackRock added $34.9 million worth of Bitcoin to their holdings, bringing their total to $43.6 billion. The anticipation surrounding BlackRock's Bitcoin ETF options appears to be influencing market dynamics. As the momentum builds, market observers are questioning whether Bitcoin will reach $100,000 before the end of November.