As of November 26, 2024, Bitcoin's price is trading around $89,451, with fluctuations due to market dynamics. Bitcoin recently reached a new all-time high near $99,574 earlier this month, driven by growing institutional investments, enthusiasm for spot Bitcoin ETFs, and excitement around the U.S. elections. Analysts predict Bitcoin could approach or surpass $100,000 by early 2025, supported by positive market sentiment and technical factors

Key drivers of Bitcoin's price include its increasing dominance in the cryptocurrency market, surging ETF inflows, and bullish momentum indicated by on-chain metrics like the Pi Cycle Top. However, volatility remains high, with potential short-term corrections if broader market conditions shift

Looking ahead, factors such as central bank policies, regulatory updates, and macroeconomic trends could influence Bitcoin's trajectory. It's advisable to monitor these developments closely for a better understanding of market movements.