Bitcoin continues to grow: the rate has reached $57 thousand
27 February 11:52
The cryptocurrency Bitcoin hit a two-year high above $57,000 in trading in Asia on Tuesday, 27 February, while Ether exceeded $3,200 for the first time in two years. This was reported by Reuters, according to Kommersant Ukrainian
The value of bitcoin reached its two-year high after a major investor bought the cryptocurrency. Bitcoin rose by more than 10% in two sessions, boosted by the disclosure by crypto investor and development firm MicroStrategy (MSTR.O) that it had recently acquired about 3,000 bitcoins for $155 million.
On Monday, trading volumes in several funds rose sharply, and cryptocurrency-related companies were able to increase their capital.
According to Bloomberg, the value of the digital asset reached $57,039. This was the highest cryptocurrency price since December 2021.
Ether, which rose by 1.1% to a two-year high of around $3,220, has risen in price at an even faster pace this month, heading for a 41% increase.