New record in Bitcoin price: Just a little left to reach 100 thousand dollars.

Bitcoin reached a record value of $91,203.83 today, marking a historic moment in the cryptocurrency market. With an increase of over one hundred percent since the beginning of the year, Bitcoin is gaining strength due to the intense interest from institutional investors. This massive rise has pushed the market value of the cryptocurrency to $1.79 trillion.

Bitcoin Breaks Record After Record with Increasing Institutional Investments

The leading cryptocurrency Bitcoin reached its all-time high of $91,203.83 on November 13. Thus, Bitcoin experienced one of the brightest days in its history, providing significant gains to its investors.

With its impressive performance since the beginning of 2024, Bitcoin has recorded a value increase of 105.97% from its opening value of $42,582.61 on January 1. In this rise, the increasing interest from institutional investors played a decisive role.

The performance of spot Bitcoin ETFs traded in the U.S. also supports this rise. According to data from November 12, there was a net inflow of $818 million into Bitcoin ETFs based in the United States. BlackRock's IBIT fund attracted the most interest with $778 million, while Fidelity's FBTC fund managed to draw in $37.2 million in investments.

In the last 24 hours, Bitcoin gained 3.34% in value, testing a low of $86,000 and a high of $91,203.83 during the day. While the price of Bitcoin continues to set new records at $91,203.83, it only needs to increase by 9.64% to reach the $100,000 level. With this record rise, Bitcoin, the pioneer of the cryptocurrency world, has surpassed a total market value of $1.79 trillion, further strengthening its leading position in the sector.