Bitcoin hit a two-year high on Tuesday, and is on track for its biggest two-day rally this year, with signs that large players were buying the cryptocurrency, while smaller rival ether topped three thousand, two hundred dollars for the first time since 2022.
Bitcoin has rallied more than ten percent in two sessions, helped by Monday’s disclosure from crypto investor and software firm MicroStrategy that it had recently purchased about three thousand bitcoins for an outlay of one hundred and fifty-five million dollars.
The original and largest cryptocurrency by market value has also been buoyed recently by the approval of bitcoin-owning exchange-traded funds (ETFs) in the United States.
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