Bitcoin (CRYPTO: BTC) is showing signs of life. The largest cryptocurrency by market capitalization traded above $81,000 on Wednesday, May 6, marking the first time in months that it’s traded at those levels.
The record of $126,198 notched on Oct. 6, 2025, is a long way off, but, hey, rebounds have to start somewhere. Time will tell whether Bitcoin’s recent strength evolves into something more substantive or is fleeting, but what’s not debatable is that institutional investors are embracing Bitcoin exchange-traded funds (ETFs) and other crypto exchange-traded funds.
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