Bitcoin approached $90,000 during trading on November 12, 2024, swinging between highs exceeding $89,000 and lows below $86,000. Currently, it trades around $87,400, witnessing a 6% increase in the last 24 hours, outperforming the overall crypto market. Approximately $900 million in liquidations were observed across crypto futures, divided equally between long and short positions. Meanwhile, Ether ETFs experienced significant inflows, with BlackRock's and Fidelity's products attracting $100 million each. Bitcoin's market capitalization reached $1.78 trillion, positioning it as the eighth-largest global asset. Additionally, Dogecoin increased to over $0.43, its highest since May 2021, following supportive commentary from Elon Musk but later retreated to below $0.40 maintaining over a 30% rise in the past 24 hours. The day included notable trading activity, indicating high volatility and optimism surrounding Bitcoin's price movement as it tested a crucial trendline resistance aligned with tech market trends.

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