Bitcoin (BTC) Price Targets $60K, Likely Has More Room to Go: Analyst

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By Maya Cantina

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Bitcoin fell about 1% to $57,600 earlier in the day after software firm MicroStrategy announced the purchase of 18,300 BTC for $1.1 billion. The largest cryptocurrency quickly recovered losses and rose sharply later in the session, rising 2.2% over the past 24 hours to $59,700.

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