Bitcoin reaches new all-time high of $98,000 following Trump's election win
fool.com —
Bitcoin has reached a new all-time high of $98,000 on November 21, following Donald Trump's presidential election victory. This marks a significant rebound after months of stagnation since spring. Current market conditions show a healthier structure compared to previous highs. Funding rates are lower than during past peaks, indicating that the recent rally is driven by organic buying rather than excessive leverage, reducing the risk of sharp price corrections. Despite the higher price, Bitcoin remains a long-term investment option. Its capped supply and inflation-resistant nature continue to attract investors, suggesting potential for further growth in the future.