BTC Back Above $61,000 After Recent Dip

IconCryptoNewsTerminal Staff09 Aug, 2024

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BTC Back Above $61,000 After Recent Dip

The price of Bitcoin (BTC) has rebounded to over $61,000, according to data from Cryptonewsterminal. This comes after a recent dip that saw the price of BTC fall below $60,000. The recovery in the price of BTC is likely due to a combination of factors, including increased demand from institutional investors and positive news from the regulatory landscape.