On November 12, 2024, Bitcoin achieved a monumental milestone, reaching its highest price yet near $90,000 while also recording the largest single-day gain in U.S. dollar terms. The cryptocurrency surged $8,343 over the day, starting at $80,427.69 and closing at $88,770.73, just shy of the $90,000 mark. Bitcoin's peak during the day was approximately $89,864. This remarkable leap eclipsed the previous record for a single-day gain, which was set on February 8, 2021, when Bitcoin rose by $7,576. Interestingly, despite this significant increase in dollar value, the day did not rank among the top 50 percentage gains in Bitcoin's history. The highest percentage increase occurred on July 20, 2017, with a 27.2% rise.

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