Bitcoin rises to the highest level in two months

Bitcoin rose to its highest level in two months and traded for over $ 8,000 on Tuesday.

The reason for the rise is believed to be an increased interest from institutional players, according to Reuters.
According to the news agency, a United States approval for a crypto-ETF is expected to be recently considered, which is expected to have increased demand recently. Last week’s comments by Blackrock’s CEO Larry Fink that the investment giant has begun snapping on crypto currencies is believed to have contributed to the price increase.
Other major crypto currencies climbed a bit, but mostly remained below last week’s levels.

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