Bitcoin has just broken past the $98,000 mark for the first time ever, sending crypto traders into a frenzy.

As a result of BTC’s rally, many traders are hunting for altcoins that could explode in the upcoming bull run.

One contender in this regard is Best Wallet’s native token, BEST – which has raised over $600,000 in presale funding in just ten days.

Bitcoin Nears $100K as FOMO Sweeps the Crypto Market

What a week it’s been for the king of crypto.

Bitcoin has been on an unstoppable rally, smashing through all-time highs like they’re nothing.

Earlier today, Bitcoin set a new record price of $98,342, leaving both new and seasoned traders stunned.

That’s a 7% surge in the past week.

The entire market is buzzing, and BTC’s numbers back up the buzz.

Spot trading volumes have exploded, climbing 24% to $94.7 billion in the past day – nearly triple Ethereum’s volume.

Bitcoin’s market cap has also exploded and is now flirting with the $2 trillion mark.

JUST IN: #Bitcoin reaches new all-time high of $98,000 pic.twitter.com/AnyDNkD3S1

— Watcher.Guru (@WatcherGuru) November 21, 2024

Even the coin’s open interest has hit a new all-time high of $32.2 billion.

The FOMO is real, and traders are watching the charts to see if Bitcoin can finally reach $100,000.

MicroStrategy’s Michael Saylor believes it will – tweeting last night that “you do not sell your Bitcoin.”