Bitcoin

<ul><li>Bitcoin&#39;s growth of 8.87% in November underperforms its average monthly gain, standing at $38,285.56 with a $748.78B market cap.</li><li>MicroStrategy intensifies Bitcoin investments, acquiring 16,130 BTC in November, a 10% increase in holdings, planning a $750M stock offer.</li><li>December&#39;s potential Santa Rally for Bitcoin is eyed amidst historical bullish trends and growing corporate crypto adoption.</li></ul>In November 2023,<a href="https://cryptotale.org/?s&#61;Bitcoin" rel="noopener noreferrer nofollow"> Bitcoin</a> (BTC) showcased a notable upward trajectory, culminating in an 8.87% price increase. As highlighted by CryptoRank, Bitcoin&#39;s recent market performance, though commendable, hasn&#39;t quite reached the usual monthly gain average of 40.7%.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e1b70ec00c974970b34109d33b184020.png" />Currently, BTC&#39;s price is positioned at <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">$38,285.56</a>, indicating a 1.68% rise within the last 24 hours and a cumulative growth of 2.14% over the past week. Given its circulating supply of 20 million BTC, the market capitalization of Bitcoin has reached an impressive $748.78 billion.MicroStrategy, a<a href="https://www.coingecko.com/en/public-companies-bitcoin" rel="noopener noreferrer nofollow"> prominent</a> corporate Bitcoin investor, has significantly bolstered its BTC portfolio. In November, it acquired an additional 16,130 BTC, valued at approximately $608 million. This <a href="https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_11-30-2023.pdf" rel="noopener noreferrer nofollow">purchase</a>, made at an average of $36,785 per BTC, increased MicroStrategy&#39;s holdings to 174,530 BTC, acquired at an average price of around $30,252 each. This move marks a substantial increase from October&#39;s end, where the firm&#39;s holdings were 158,400 BTC.Read full article at <a href="https://cryptotale.org/bitcoins-november-surge-rising-8-87-but-missing-average-gains/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin's November Surge: Rising 8.87% but Missing Average Gains

CryptoTale

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