From Nasdaq, Inc.:

Cryptocurrency prices surged following news that MicroStrategy Inc acquired 850 BTC in January. The company now holds 190,000 BTC, valued at $8.1 billion. Cryptocurrency market cap stands at $1.66 trillion, showing a 1.24% increase. Coinbase and MicroStrategy stocks saw gains, along with an increase in major mining companies. Analysts anticipate Ethereum outperforming Bitcoin. 510,000 ETH have been withdrawn from exchanges.



Read more: Bitcoin, Ethereum, Dogecoin Rise As Saylor’s MicroStrategy Bags $37M Worth BTC: On-Chain Analyst Says Strong ‘Holder Sentiment’ Prevails After $1.22B Worth of ETH Exit Crypto Exchanges