Bitcoin soars to two-year high, on its way to breaking a record
The world’s largest cryptocurrency by market cap is rallying due to big investors’ growing appetite. Bitcoin’s price rose 10% in two days and was trading at more than $56,000 (€51,606), the highest since November 2021. The CoinDesk Bitcoin Price Index (XBX) had a peak of $56,940.18 (€52,472.08) in the last 24 hours but the index lowered to around $56,500 (€52,0660) by Tuesday morning in Europe. One of the main drivers of the current rally was crypto investor and software firm MicroStrategy announcing a large purchase of 3,000 bitcoins for $155 million (€143 million). Cryptocurrencies are incre…
