Bitcoin Price Recovery Bitcoin recently recovered to around $82,500 after hitting a year-to-date low of $74,508. This recovery was partly due to a 90-day tariff pause by the U.S., which eased market uncertainty[2].
Institutional Interest MicroStrategy acquired 6,911 Bitcoin for $584 million, increasing its total holdings to 506,137 BTC. This move reflects growing institutional interest in Bitcoin[1].
Regulatory Developments*The U.S. SEC has been engaging in discussions about easing the path for crypto trading platforms, which could further legitimize Bitcoin and other cryptocurrencies
