Bitcoin’s price leapt 10% in just two days and on Monday 26th February 2024, surpassed $54,000 for the first time since December 2021
The gains came on the back of MicroStrategy disclosing another large purchase of about 3000 Bitcoins for $155 million.
Analysts see a flow of funds into Bitcoin ETFs and the asset’s upcoming halving event as other bullish factors.
Update
CoinMarketCap data shows Bitcoin hitting $59000 on 28th February 2024
