Bitcoin market cap soared 45%: in november 2024, Bitcoin experienced a 45% rise in market capitalization, bolstered by substantial trading volumes exceeding $56 billion. This surge elevated the cryptocurrency’s market cap to approximately $1.94 trillion, despite notable volatility, including a sudden drop to $97,414.63.
Microstrategy expands BTC holdings: microstrategy inc. Made a bold move by acquiring an additional 21,550 Bitcoins for a massive $2.1 billion. This purchase increased their total Bitcoin stash to 423,650, valued at about $42 billion, demonstrating strong institutional confidence in Bitcoin’s future potential.