Breaking $87,000, Will Bitcoin Price Break Through $100K This November?

Bitcoin has shattered its previous all-time high, reaching over $87,000. With its bullish trend continuing, many are wondering if BTC will hit $100,000 this November. Read on to explore the factors driving Bitcoin's price surge, its dominance in the crypto market, and what could push it past $100K in the coming months.

Bitcoin breaks its new ATH! Today, Bitcoin price hits over $87,000 with its highest price at $81,844. Will Bitcoin reach $100,000 faster than predicted in Q1 2025? Let's read the explanation in this article until the end.

Bitcoin Price Today

On November 12, Bitcoin's price was $87,624. This increase is fantastic because it has increased by approximately $3,000 from its lowest price of $78,750 in a matter of hours.

The Bitcoin price chart above shows that the BTC RSI value is very high, at 82,78, which could indicate overbought conditions.

The Bitcoin MACD line is far above the limit line which means that a bullish trend is occurring. If this line remains in this condition, Bitcoin will continue its bullish trend not only today and could break through its new ATH again.

Bitcoin and Its Dominance in the Crypto Ecosystem

Today, the crypto ecosystem has varying price conditions for each token. It can be seen that the price of Bitcoin which rose by breaking a new record did not affect other tokens to also rise. BTC's increase of almost 3% was indeed less than the increase in the price of DOGE which was almost 24%.

Bitcoin's dominance in the crypto ecosystem today is 59.42%. A fairly high number because it is more than 50%. However, when compared to the conditions on November 7, BTC dominates at 60.55% which means there is a decrease today.

Conclusion: Reasons for Bitcoin Price Increase

The reason for this drastic increase in Bitcoin prices is predicted to be the reason for Donald Trump's victory in the US Election this week. Right when Trump dominated voters in various regions of America, the crypto ecosystem even turned green with a price increase that cannot be underestimated in the majority of crypto tokens.

Bitcoin has been recorded to have increased by 35% in the past month and 94% in this year. When Donald Trump is officially inaugurated as the new president of America, the price of Bitcoin and other tokens could experience another promising spike. Especially when Donald Trump really carries out his promise to protect a more stable crypto ecosystem in America.

For those of you who want to buy Bitcoin tokens because you are interested in the price increase, don't forget to do in-depth research. Bitrue can help you in researching BTC and other crypto tokens. Just visit the Bitrue website and you can check the Bitcoin price to easily do a BTC to USD price convert.

Bitrue also regularly presents articles about crypto that you can read at any time. That way, you will always be up to date on the crypto ecosystem.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

 

 

DepEd turns to global delivery unit to speed up equitable access to basic education

Wazzup Pilipinas!?



To reinforce the delivery of quality basic education in the country, the Department of Education (DepEd) inked a memorandum of agreement with Delivery Associates Australia Pty Ltd, and Ayala Foundation, Inc. on Thursday to support the implementation of the various agency programs and projects.

Education Secretary Sonny Angara, Delivery Associates representative Josh Wiseman, Ayala Foundation Attorney-in-Fact and President Antonio Joselito Lambino II, and Attorney-in-Fact and Head of Strategy Impact Maria Margarita Trinidad led the signing ceremony of the MOA.

The first phase of the project will set clear, measurable targets for DepEd’s education reform and establish a dedicated team to implement these targets.

As part of the agreement, Delivery Associates (DA) will conduct a rapid assessment of the agency’s current capacity to perform its programs and initiatives. Moreover, after the initial evaluation, DA will provide the DepEd with recommendations on what programs are needed to prioritize and align with the DepEd’s priority of providing quality education.

DA will then assist DepEd in setting up a dedicated team to focus on implementing the identified targets. This team will have a clear structure, staffing plan, and accountability mechanisms.

The said ceremonial signing was attended by key officials from the Department, including Undersecretary Peter Irving Corvera, Undersecretary Ronald Mendoza, Assistant Secretary Georgina Anna Yang, Assistant Secretary Malcolm Garma, Assistant Secretary Roger Masapol, and Ciela Mendoza of the Office of the Secretary.

Meanwhile, the partners were likewise represented by Ayala Foundation Trustee Alfredo Ayala, Delivery Associates Asia Pacific Director Anna Needs, and Head of Corporate Governance and Legal Love Amoroso.

Test-Takers Receive New Computers to Support Learning

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The Department of Education (DepEd) MIMAROPA Regional Office formally received 50 desktop computers donated by an education partner on Wednesday to ensure that learners can take online international assessments in the future.

Witnessed by Education Secretary Sonny Angara and Assistant Secretary for Operations Malcolm Garma, DepEd MIMAROPA Director Nicolas Capulong noted that the donation was like “a gift of heaven”.

Dr. Capulong also emphasized that the computer units given to their region would be vital in preparing their schools for online international assessments, including the upcoming Programme for International Student Assessment (PISA) next year.

Moreover, Secretary Angara expressed his sincerest gratitude to Pilipinas Today CEO Renesar Deunida, who was the one who donated the computer units to DepEd MIMAROPA.

“Talagang hulog ng langit ito, Sir [Rene]. Kami ay taos-pusong nagpapasalamat. Maraming, maraming salamat, Sir Rene. Hindi ka nakalimot dahil si Rene, he came from humble beginnings. At alam niya ‘yong transformative power of technology,” Sec. Angara said.

Mr. Deunida, also a proud product of the public school system, likewise vowed to distribute another 50 units next month.

With more than two decades of experience in the field of technology, Mr. Deunida served as the Information Technology specialist for the United Nations, HSBC, and the World Health Organization (WHO).