#BTCRebound Bitcoin (BTC) has experienced a notable rebound in 2025, recovering from a significant downturn in August 2024.
In August 2024, Bitcoin's price dropped sharply, reaching lows around $48,000 before rebounding to close the month at approximately $58,970, marking an 8.8% decline for the month StatMuse
As of April 21, 2025, Bitcoin is trading at approximately $87,405, reflecting a substantial recovery from its August lows. This resurgence is attributed to factors such as increased institutional investment, including significant stakes in Bitcoin ETFs by asset managers and sovereign wealth funds