Hi there! This week in Bitcoin, the digital gold neared the $100,000 mark with a record-breaking $3.4 trillion market cap. Bitcoin ETFs amassed over $1 billion in inflows and MicroStrategy made another massive BTC purchase. Dive into this week’s highlights for the latest insights into Bitcoin.

Bitcoin Nears $100,000, Crypto Market Hits $3.4 Trillion Bitcoin had another fantastic week as it hit ATH after ATH. It is just shy of $100,000, reaching $99,500, earlier today. There were strong inflows into U.S. Bitcoin ETFs which renewed bullish hopes. As we keep our eyes glued to the charts, the top crypto looks poised for crossing the much-awaited milestone. The total crypto market value was also recorded at an astounding $3.4 trillion. Experts predict steady BTC growth as demand remains strong amid easing global monetary policies. Sources: Business Today, CoinDesk, The Independent

MicroStrategy Boosts Bitcoin Holdings by 51,780 BTC, Totaling 331,200 BTC MicroStrategy has bought 51,780 more Bitcoin for $4.6 billion, increasing its total to 331,200 BTC. This purchase brings the company’s Bitcoin value to nearly $30 billion. Funded by selling shares, the company continues to strengthen its position as the largest corporate Bitcoin holder. Co-founder Michael Saylor highlighted the effectiveness of their strategy, which has led to significant returns. This move comes after another purchase of 27,200 BTC just a week ago, showing MicroStrategy’s commitment to Bitcoin investment. Sources: CoinDesk, CryptoGlobe, Yahoo Finance

Bitcoin ETF Options Debut on Nasdaq, Surpassing Expectations BlackRock’s iShares Bitcoin Trust ETF (IBIT) options made a historic entry on Nasdaq. It recorded $1.9 billion in exposure on its first trading day. With 354,000 contracts traded, the launch surpassed all expectations. A majority of the trades were bullish call options, reflecting market optimism as Bitcoin reached a new high crossing $94,000 the same day. This landmark event introduces new tools for hedging and speculation. As more ETFs adopt options trading, this development is expected to reshape Bitcoin’s market dynamics and attract more careful investors. Sources: Yahoo Finance, CNBC, Finance Magnates

Bitcoin ETFs Hit $1 Billion Inflows as BTC Reaches New ATH Bitcoin ETFs are seeing an extraordinary surge in investments as BTC nears the $100k milestone. Over two days, inflows exceeded $1 billion, with Nov. 19 marking a peak of $816.4 million. BlackRock’s IBIT, Fidelity’s FBTC, and ARK’s ARKB led the charge, with ARKB recording $267.3 million in a single day. The ETFs hit $100 billion in assets, surpassing the holdings of Bitcoin's creator, Satoshi Nakamoto. On a side note, Satoshi Nakamoto has entered the 18th spot on the richest list of individuals, even while their identification still remains a mystery. Sources: Crypto.news, CryptoSlate, DeCrypt