Bitcoin has surged past the $118,000 threshold, marking a 1.46% gain over the past 24 hours. This rebound highlights a notable recovery phase for the flagship cryptocurrency amid ongoing market fluctuations.
The upward trajectory reinforces Bitcoin’s enduring prominence within the evolving digital asset ecosystem. Industry observers note that such resilience underscores the asset’s continued relevance for institutional and retail investors navigating the dynamic crypto landscape, despite increasing market fragmentation and competitive pressures.