Bitcoin Prices Rebound on Institutional Buying Activity

Bitcoin's price has been showing signs of stabilization after a wave of institutional buying provided much-needed support. This shift in investor behavior marked the end of five consecutive weeks of capital outflows from U.S. Bitcoin ETFs. The renewed interest was led by major players Fidelity and BlackRock, which contributed to Bitcoin climbing back above $65,000.

Market observers believe that this initial signal may indicate that institutional investors view lower price levels as an entry opportunity. However, the broader picture still reveals deep-seated uncertainty. Since the start of the year, the world's leading cryptocurrency has lost about 25% of its value and remains a significant distance from its 52-week high.