Posted 2/27/2024, 6:40:45 AM
Bitcoin and Ethereum Surge to New Highs as Institutional Interest Accelerates
- Bitcoin hits 2-year high of $57,000 on Tuesday as large buyers enter the market
- Ether tops $3,200 for the first time since 2022
- Bitcoin rallied 10%+ in recent days helped by MicroStrategy's $155M BTC purchase disclosure
- Bitcoin ETF trading volumes spiked, crypto firms rallied, despite nervous broader markets
- Strong bitcoin demand unleashed by U.S. spot ETF approvals seems relentless per market maker