BTC Surges 3.64% to $78K as Institutional Investment Boosts Recovery After $800M Liquidations

Bitcoin (BTCUSDT) has experienced a 3.64% price increase in the past 24 hours, with the current price at $78,255.82 on Binance, rebounding from a 24-hour low of $75,508.01. The price recovery follows a period of heightened volatility driven by a broader market correction, significant liquidations totaling nearly $800 million, and investor focus on key support levels around $75,644. Retail interest remains mixed, but positive momentum has been supported by news of increased institutional involvement, including ING Deutschland offering Bitcoin investment products and notable BTC additions to Sygnum's Starboard BTC Alpha Fund. The BTC/USDT pair continues to lead trading activity with high volume, reflecting sustained market participation despite recent declines and consolidations below key moving averages.