The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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The analyst’s predictions come shortly after Bitcoin staged the best weekly return since the 2023 US banking crisis.
Bitcoin’s open interest in futures markets recently reached an all-time high amid the latest market upsurge that has seen the asset claim new price peaks.
Ethereum is still struggling to reach its March high of $4,000, let alone the all-time high of $4,891 in November 2021. Ethereum’s (ETH) on-chain movements
Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.
