On November 22, bitcoin hit a new all-time high, climbing to $99,300. At the time of writing, its price is hovering around $99,000, remaining just a step away from the six-digit mark – which requires a rise of about 1%. The first cryptocurrency rose 2.1% overnight, CoinMarketCap data shows.

The rise of bitcoin was accompanied by a significant increase in investments in exchange-traded funds (ETFs). On November 21 alone, investments in these products amounted to $1 billion.

Dynamics in the crypto market

Bitcoin is not the only one showing impressive results. Among the leading altcoins, XRP stands out with a sharp growth of 27%, while Ethereum added 8%. Solana also marked the renewal of its all-time high, exceeding $260.

The total capitalization of the crypto market has reached $3.3 trillion, and bitcoin’s share in it is 59.3%. The market value of the first cryptocurrency approached $1.958 trillion, coming close to such tech giants as Google.

Emotions in the market

The Fear and Greed Index, which reached 94, indicates a state of “extreme greed,” underscoring the high level of interest and optimism among market participants.

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