Bitcoin Holds Steady at $64,000 Amid Improved Institutional Demand

Bitcoin's price remained steady around the $64,000 mark on August 5 as investors looked beyond recent market shocks and focused on improving institutional demand.

The world's largest cryptocurrency continued to trade within a narrow range after recovering from security-related concerns and corporate selling, while traders awaited fresh macroeconomic signals.

A combination of ETF inflows, stabilising risk appetite and resilient technical support has helped Bitcoin avoid another sharp decline despite lingering uncertainty.

According to the latest prices, as of August 5, Bitcoin was trading at around $63,600-$64,000, recording a modest gain over the previous 24 hours.