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Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says

Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says
© Copyright Image: CurrencyCrypt

Bitcoin tumbled some 1% to $57,600 earlier during the day after software company MicroStrategy announced the purchase of 18,300 BTC for $1.1 billion. The largest crypto quickly recovered the losses and rose sharply later in the session, up 2.2% over the past 24 hours at $59,700.

The post Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/bitcoin-eyes-60k-and-likely-has-more-room-to-rally-analyst-says/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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