Bitcoin ($BTC) Regains $61,000 Mark
CryptoNewsTerminal Staff02 Aug, 2024
Bitcoin ($BTC) Regains $61,000 Mark
According to Cryptonewsterminal's market monitoring, Bitcoin ($BTC) has recovered its $61,000 value. At the time of writing, BTC was trading at $60,967.56 on the Binance USDT market. This indicates a positive trend in the cryptocurrency market, as Bitcoin is often seen as a bellwether for the wider crypto ecosystem. The recent surge in BTC's price could be attributed to a combination of factors, including increased institutional adoption, positive regulatory developments, and growing investor confidence.