$BTC

Bitcoin Climbs to Its Highest Level in Two Months Thanks to Major Investments from MicroStrategy

The price of Bitcoin continued to rise during trading on Tuesday, recording gains for the second consecutive day, trading near its highest levels in two months.

It seems that the world’s leading cryptocurrency is preparing to break the $100,000 barrier again, amidst an atmosphere of optimism prevailing in the cryptocurrency market.

In a move that enhances the position of cryptocurrencies within institutional investment portfolios, the American company “MicroStrategy” announced an increase in its Bitcoin holdings to an unprecedented level. This development reflects growing confidence in the future of cryptocurrencies and represents a strong boost for market confidence in the long term.

On the Bitstamp exchange, Bitcoin rose by $439 or 0.5% to reach $95,479, compared to an opening price of $95,040, after recording a low during the session of $94,279.

The price of Bitcoin had closed on Monday up 1.4%, resuming its upward trend after a brief pause due to profit-taking and correction after reaching its highest level in two months at $95,857.

The value