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The price of Bitcoin surged above $20,000 on June 8, 2023, as the broader crypto market rebounded. The rally was likely fueled by positive news about Bitcoin adoption and by the upcoming launch of the Grayscale Bitcoin Trust (GBTC) ETF.
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Bitcoin drops below $25,000 as crypto market volatility continues.....
Bitcoin (BTC) fell below $25,000 for the first time in three months today, as the broader crypto market continued to experience volatility.
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MicroStrategy, a business intelligence company, has announced that it has purchased another $100 million worth of Bitcoin. The company now owns a total of 129,218 Bitcoin, which is worth approximately $3.9 billion. MicroStrategy CEO Michael Saylor has said that the company plans to continue buying Bitcoin as a long-term investment.
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