Bitcoin increased by 5.9% this week. After a sluggish start to the year, it also took advantage of some buying opportunities.
Most of this week's gains came after the largest institutional holder, Strategy, announced it had purchased over $1 billion worth of Bitcoin. This situation boosted some hopes that institutional demand for the coin is improving.
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Bitcoin increased by 5.9% this week. After a sluggish start to the year, it also took advantage of some buying opportunities.
Most of this week's gains came after the largest institutional holder, Strategy, announced it had purchased over $1 billion worth of Bitcoin. This situation boosted some hopes that institutional demand for the coin is improving.