Bitcoin tops $57,000 price level for first time since late 2021
Bitcoin has surpassed the $57,000 mark for the first time since late 2021, driven by increased investor demand through exchange-traded funds and additional acquisitions by MicroStrategy Inc. The cryptocurrency saw a rise of up to 4.4%, reaching $57,039, and later settled at $56,473 as of late morning in Singapore. Since the start of the year, Bitcoin has experienced a 33% increase in price.
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