Bitcoin , the world’s largest cryptocurrency by market cap, extended a rally on Tuesday, reaching a two-year high of over $57,000 and uplifting the broader crypto market amid positive market developments and buying from crypto bulls. The price of bitcoin was last higher by 4% at $56,851.59, according to Coin Metrics. Earlier it rose to $57,445.14, its highest level since December 2021. The move came after crypto investing and software firm MicroStrategy disclosed a purchase of about 3,000 bitcoins for $155 million on Monday. MicroStrategy , based in Virginia, is currently the largest publicly traded owner of bitcoin. ... (full story)