Bitcoin price increases with Square’s $50 million purchase of BTC: is $11,000 the next level?
Following the announcement of the acquisition of Square, the price of Bitcoin rose to almost USD 11,000, and investors expect a further upward movement. The number of institutional investors joining Bitcoin continues to rise, and this appears to be inspiring new confidence in Bitcoin’s price. Just today, Square announced the purchase of 4,709 Bitcoin (BTC) …