Bitcoin continues its incredible surge, hitting an all-time high of $107,800. This amazing price jump is fueled by significant buying activity from major players in the market.
MicroStrategy, a company known for its substantial Bitcoin investments, has purchased an additional $1.5 billion worth of Bitcoin. This move demonstrates their confidence in the cryptocurrency's potential.
Additionally, U.S. Spot Bitcoin ETFs are also buying in large quantities, further contributing to the upward price momentum. Such collective buying pressure highlights the growing demand and interest in Bitcoin from institutional investors.
