#CPI_BTC_Watch $BTC The Bitcoin price soared 4% in the last 24 hours to trade at $60,628 as of 08:23 p.m. EST even as trading volume tumbled 1% to $32.6 billion.

This comes as MicroStrategy Inc. purchased 18,300 Bitcoin for approximately $1.11 billion, the largest acquisition of the digital asset by the crypto hedge-fund firm in more than three years.

The firm now holds around 244,800 Bitcoin, valued at around $14 billion. This is around 1% of all the BTC ever issued.

Bitcoin Price Aims For A Continued Bullish Rally