BTC Recovers to $63,000

IconCryptoNewsTerminal Staff15 Jul, 2024

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BTC Recovers to $63,000

Bitcoin (BTC) has recovered to $63,000, according to Cryptonewsterminal Market Monitoring. BTC is currently trading at $63,011.99 on the Binance USDT market. This recovery comes after a recent dip in the price of BTC, which fell to $61,000 earlier this week. The rebound is likely due to a number of factors, including increased demand for BTC from institutional investors and the launch of several new BTC-based products and services. Analysts believe that BTC is likely to continue to rise in the coming weeks and months, as it becomes more widely adopted as a mainstream investment.