Bitcoin Reclaims $80K Mark on Strong ETF Inflows and Institutional Participation

Bitcoin's price has made a significant recovery, reclaiming the crucial level of $80,000 after a three-month hiatus. This development is attributed to the sustained buying momentum driven by exchange-traded fund (ETF) inflows.

The world's largest cryptocurrency has seen its market capitalization increase by 1.7% to reach $1.59 trillion, with a strong volume of $34.3 billion in the past 24 hours.