As Strategy, the world's largest bitcoin-holding corporations, moved to make additional purchases, virtual asset prices are trending higher.
As of 8:23 a.m. on the 6th, bitcoin was at $68,700 on CoinMarketCap, a global coin price tracking site, up 2.04% from 24 hours earlier.
Ethereum, the No. 2 by market cap, is up 2.05% and trading at $2,107. Binance Coin, No. 4 by market cap, is up 1.30% at $601, while Ripple, No. 5 by market cap, is up 0.74% and trading at $1.32.
Recently, Strategy, the world's largest bitcoin-holding corporations, additionally accumulated 44,000 bitcoins. U.S. heavyweight investment bank Morgan Stanley received approval for a bitcoin exchange-traded fund (ETF). These factors are viewed as positives, pushing up virtual asset prices.