Bitcoin climbed to $96,816 in response to Bitbo information, marking its highest value since Nov. 14, 2025.
The transfer got here as 24-hour buying and selling ranged from $92,026 to $96,816, with about 412,910 BTC in quantity, or roughly $39.89 billion.
Value and market snapshot
On the time of the replace, bitcoin traded round $96,484, with a market capitalization close to $1.92 trillion.
Bitcoin stays 23.59% under its all-time excessive of $126,277.05 set on Oct. 6, 2025.
ETF exercise and flows
U.S. spot bitcoin ETF buying and selling quantity already totaled about $1.25 billion, simply half-hour into the buying and selling day.
BlackRock’s IBIT accounted for roughly $976.92 million, or 77.69% of that complete.
Geopolitical threat backdrop
The rally additionally comes as geopolitical tensions between the USA and Iran escalate sharply, including to broader macro uncertainty throughout world markets.
President Donald Trump this week introduced a 25% tariff on nations buying and selling with Iran, a transfer that analysts see as each an financial strain tactic and a sign of potential navy escalation.
Iranian officers have stated Tehran is ready for both “conflict or dialogue,” whereas U.S. personnel have begun withdrawing from some Center East bases as a precaution.
Regional diplomats and Israeli officers have warned that the chance of a U.S. strike has elevated, although timing and scope stay unclear.