Bitcoin has managed to recover above the $58,000 mark after dipping below it earlier, as institutional buying has begun to slow down. The cryptocurrency briefly fell due to market volatility but has since shown signs of resilience as investors regain confidence. Analysts suggest that the slowdown in institutional purchases may indicate a period of consolidation for Bitcoin, with traders closely monitoring price movements as they adjust their strategies in response to changing market conditions.Read more on Decrypt
Bitcoin Recovers Above $58,000 as Institutional Buying Slows
