Bitcoin Climbs, But Doubts Linger Amid Market Volatility

After a dramatic sell-off that sent Bitcoin prices plummeting to nearly $80,000, the cryptocurrency has shown signs of recovery. It’s currently trading around $87,000, with analysts attributing this rebound to increasing DeFi activity and growing institutional interest. However, despite the recent surge, market volatility remains a significant concern. A recent wave of liquidations wiped out over $66 million in Bitcoin contracts, largely short positions, signaling potential instability.