Bitcoin is rapidly approaching the $100,000 milestone, driven by heightened investor interest and substantial trading activity. This surge is a clear indication of increasing enthusiasm among traders and investors within the cryptocurrency markets.
Throughout its vigorous push, Bitcoin reached an impressive intraday high of $99,860. Although it slightly retreated from its peak, this movement showcases the ongoing demand for Bitcoin amidst changing market conditions.
The growing interest can also be attributed to MicroStrategy’s significant investments. The company has been actively purchasing Bitcoin, boosting confidence and sparking further interest in the cryptocurrency among institutional investors and retail traders alike.
