Bitcoin price rises to $57,000.

The price of the dollar remained stable, while investors waited for economic data to get more clarity on the future position of the currency, and on the other hand, the buying of Bitocon continued.

The US dollar fell on Tuesday, as traders looked ahead to the release of US economic data that will shed light on when the country's Treasury will start cutting interest rates. The price of the cryptocurrency, Bitcoin, rose for the first time in two years, with each one exceeding $57,000 after software giant MicroStrategy Inc disclosed that it had bought about 3,000 bitcoins for $155 million.

The US dollar, which is used to measure the strength of other currencies such as the euro and the yen, fell to 103.77 on the Asian Time Exchange, after falling 0.17 percent on Monday.

Traders have announced that interest rates will be reduced at the meeting to be held in March, and recently they have withdrawn their expectations of interest rate reductions in May to June. The dollar fell 0.13 percent to 150.485 yen, while the Japanese currency gained favor after the release of some statistics showing that inflation remained at 2 percent as predicted by the Bank of Japan.