BTC Rebounds Strongly, Reclaims $61,000 Level

IconCryptoNewsTerminal Staff19 Aug, 2024

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BTC Rebounds Strongly, Reclaims $61,000 Level

As per the latest data from Cryptonewsterminal market monitoring, Bitcoin (BTC) has witnessed a robust rebound, recovering the $61,000 mark. The uptick follows a recent dip that brought BTC below $60,000. Currently, BTC is trading at $61,000 on the Binance USDT market. This recovery suggests that bullish sentiment is still present in the market, despite the recent volatility. Traders and investors will be closely monitoring BTC's price action in the coming days to gauge the strength of this rebound and determine whether it can sustain this upward momentum.