Bitcoin Surges By 40% in November, Reaching $99,000

Bitcoin has made history with its largest monthly price increase ever, as it inches closer to a six-figure valuation for the first time. In November, Bitcoin’s price surged by over 40.8%, reaching $99,000 and marking a record-breaking monthly candle, according to Bitstamp data. This milestone comes just two weeks after Donald Trump’s victory in the 2024 U.S. presidential election on Nov. 5, which reignited investor interest in risk-on assets like Bitcoin. Analysts are increasingly optimistic that Bitcoin will soon breach the $100,000 mark. On Nov. 22, stablecoin inflows to crypto exchanges hit a record monthly high of $9.7 billion, signaling