Bitcoin price has now only been higher one day in history

Posted by William Suberg

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Nov. 24 is generating the second-highest daily price ever for Bitcoin, with November already its best month in terms of dollar gains.

Bitcoin (BTC) is currently having its second-highest trading day ever as BTC/USD is hitting a new multiyear high of $19,330.

Data from Cointelegraph Markets and TradingView provides a cause for celebration on Nov. 24 after Bitcoin suddenly tackled $19,000 resistance.

BTC price sees second-best day ever

Against a backdrop of rapid gains and the temptation of breaking all-time highs around $20,000, the achievement has not gone unnoticed on Bitcoin figures.

Ryan Selkis, founder of data resource Messari, noted that on only one day in its existence has Bitcoin traded above even $19,000.

By contrast, the largest cryptocurrency has now spent 283 days above $10,000 — including its longest-ever stint in 2020.

Meanwhile, Bitcoin has gained more in U.S. dollar terms than any month in its history, data shows. In a tweet on Nov. 24, quantitative analyst PlanB highlighted that the past three and a half weeks have been unlike any other period in Bitcoin’s lifetime…CLICK for complete article