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Bitcoin holds above $77K amid institutional buying and US economic data anticipation.

Market News
24 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin remains steady above $77,000 following a sharp recovery, driven by strong institutional buying and a shift away from altcoins. Despite retail trader fear and Bitcoin ETF outflows, large investors are accumulating BTC, supported by improving Middle East diplomacy and growing Bitcoin dominance. Bank of America's increased exposure to Bitcoin ETFs and the proposed American Reserve Modernization Act signal rising institutional confidence and potential long-term government support. Markets now await the April Core PCE inflation report, with trading expected to slow due to the Memorial Day holiday.

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