Bitcoin’s price stabilizes around 98,000 USD due to Russia’s Finance Minister confirming its use for international payments. This strategic move aims to mitigate reliance on the US dollar, showcasing Bitcoin’s growing global utility.
MicroStrategy’s recent purchase of 561 million USD in Bitcoin enhances institutional confidence, yielding a slight price increase of 0.32%. This continuous accumulation by MicroStrategy contributes positively to Bitcoin’s market resilience.