Bitcoin price breaks through $54,000, reaching the highest level in over two years.

Zhitong
2024.02.26 22:38
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Bitcoin price has surged past $54,000, reaching its highest point in over two years. Investors' continued demand for Exchange-Traded Funds (ETFs) is expected to drive Bitcoin prices back to the record levels seen in November 2021. MicroStrategy once again made significant purchases of Bitcoin, boosting optimism around the cryptocurrency. The company has integrated buying Bitcoin into its corporate strategy. By the end of Monday's trading session, MicroStrategy's stock price had risen by over 15.8%. Stocks related to cryptocurrencies, such as Coinbase and Marathon Digital, have also experienced a rebound.