Bitcoin Reclaims $83K as Institutional Buying Ramps Up
- Bitcoin’s price fell to $81,000 on Sunday.
- The cryptocurrency rebounded to $83,000 shortly after.
- Institutional investors played a key role in the price recovery.
- Strategy (MSTR) purchased Bitcoin worth $1.92 billion.
- Metaplanet acquired Bitcoin valued at $13.3 million.
Bitcoin experienced a significant rebound from its weekend low of $81,000 to reach $83,000, driven by substantial institutional investments from Strategy and Metaplanet totaling over $1.93 billion.
Source (2.6)https://news.bitcoin.com/bitcoin-reclaims-83k-as-institutional-buying-ramps-up/?rand=52384
