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Institutional demand lifts Bitcoin to fresh two month peak
Bitcoin rose to a two month high as institutional buying and softer US inflation data boosted confidence and improved risk appetite across crypto markets.
Bitcoin climbed to a two month high near 97,700 dollars, supported by renewed institutional buying and softer US inflation data. The rally followed MicroStrategy’s additional 1.25 billion dollar investment, strengthening market confidence. Analysts noted easing inflation expectations improved risk appetite across digital assets, while investors monitored regulatory developments, macroeconomic signals, and global liquidity trends influencing near term cryptocurrency price movements worldwide