BTC Rebounds, Regains $61,000 Mark

IconCryptoNewsTerminal Staff03 Aug, 2024

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BTC Rebounds, Regains $61,000 Mark

After experiencing a temporary setback, Bitcoin (BTC) has regained its momentum and reclaimed the $61,000 price level. According to market monitoring data from Cryptonewsterminal, BTC's resurgence has been driven by increased trading volume on major exchanges, including Binance, where it is currently trading around $61,000 in the USDT market. This positive price action suggests that investors are regaining confidence in the cryptocurrency's long-term prospects.