Bitcoin breaks $57,000 as big buyers circle

From Nasdaq:

Cryptocurrency bitcoin surged to a two-year high above $57,000 in Asia, fueled by institutional buying, as ether also hit $3,200 for the first time in two years. Bitcoin rallied over 10% in two sessions following news of MicroStrategy purchasing 3,000 bitcoins worth $155 million. Approval of bitcoin ETFs in the US also boosted market sentiment. Trading volumes in ETFs spiked on Monday, positively impacting crypto-linked firms amid nervous broader markets.



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