BTC recovers $66,000 mark
CryptoNewsTerminal Staff17 May, 2024
BTC recovers $66,000 mark
Bitcoin (BTC) has recovered to $66,000, according to CoinNvest’s market monitoring. At the time of writing, BTC is trading at $66,006.41 on the Binance USDT market. The recent recovery comes after a period of consolidation for BTC, which had seen the price hovering around the $60,000 mark for several weeks. The recovery is likely due to a combination of factors, including increased demand from institutional investors and positive news from the regulatory front.