Bitcoin’s price has recently surged above $85K, fueled by positive corporate actions and supportive macro conditions. Notably, Meliuz is considering Bitcoin for its treasury, while institutional interest grows amidst ETF outflows. Technical indicators suggest potential for further price increases towards $88K.
Bitcoin (BTC) has gained prominence again, surging over 1.35% on Tuesday to around $85,700, driven by various bullish factors counteracting ETF outflows and broader market challenges. A notable development is Brazilian fintech Meliuz contemplating the inclusion of Bitcoin in its corporate treasury strategy, signalling increasing corporate confidence in Bitcoin as a legitimate store of value.
