$BTC Bitcoin has recently experienced a significant rally, climbing over 30% from its April lows. This surge is attributed to factors such as increased institutional interest, including reports of investment bank Morgan Stanley potentially introducing spot cryptocurrency trading to its E*Trade platform, and news that Strategy (MSTR), the largest corporate bitcoin holder, plans to buy more via a $21 billion equity offering. These developments have propelled Bitcoin to its highest levels in over two months, edging closer to the psychological $100,000 mark.
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