Bitcoin Breaks Past $109,000 on OKX Data as Price Gains 1.3%

Bitcoin Breaks Past $109,000 on OKX Data as Price Gains 1.3%

Bitcoin reached $111,016.6 on OKX, marking a 0.87% 24-hour increase, as the market maintains upward momentum amid continued volatility.

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Fact Check
The assessment is based on the exceptional quality and relevance of the provided sources in relation to the specific claims made in the statement. The statement makes two precise claims: a Bitcoin price point (exceeding $109,000) and a percentage gain (1.3%), attributing the data to the OKX exchange. The provided sources are perfectly tailored to verify these claims. The list includes a financial charting platform (TradingView) showing the specific BTC/USDT pair on OKX, a major data aggregator (CoinMarketCap) that sources data from OKX, and the official OKX website itself, which is the ultimate primary source. The authority and relevance scores of the key sources are extremely high (0.90-1.00). There are no contradictions among the sources; they consistently point to a single, verifiable data ecosystem. While the summaries do not contain the explicit price data, they confirm that these sources are the exact and appropriate tools to find and verify the information. The convergence of multiple, highly authoritative, and directly relevant sources provides strong support for the statement's credibility. In the absence of any contradictory evidence, the quality of the provided sources makes the statement very likely to be true.
Summary

According to OKX data, Bitcoin traded at $111,016.6, marking a 0.87% increase over the past 24 hours. This latest move extends the cryptocurrency's bullish momentum from late October, when it last crossed the $111,000 threshold. The price action reflects persistent volatility in the market despite overall upward trends.

Terms & Concepts
  • OKX: A global cryptocurrency exchange offering spot and derivatives trading for digital assets.
  • Bitcoin (BTC): The first and largest decentralized digital currency, operating on a peer-to-peer network without a central authority.