Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Bitcoin Reaches $64,316 as Institutional Demand and Diplomatic Hopes Boost Price

Guavy AI Editorial Team
Instruments
BTC OP
Share

The price of Bitcoin (BTC) continues to rise, reaching $64,316 at the time of writing on Wednesday. This growth is attributed to both institutional demand and easing market fears.

Institutional investors are showing renewed interest in Bitcoin, with spot Exchange Traded Funds (ETFs) experiencing inflows for a second consecutive day this week. According to SoSoValue data, these ETFs saw an influx of $211.49 million on Tuesday, following an earlier inflow of $170.09 million.

The geopolitical situation between the US and Iran is also contributing to Bitcoin's growth. Hopes for a diplomatic resolution have boosted risk appetite, with the OPEC+ decision to increase oil production from September helping to ease supply concerns and lower crude prices.

More on Crypto

Crypto just now

Solana Ecosystem Expands with Governance Proposal, Payments Launch, and Tokenized Asset Growth

Crypto 1m ago

EU Transfers €1.4B from Frozen Russian Assets to Ukraine

Crypto 1m ago

Bitget's Gracy Chen Hosts VIP Discussion on Maximizing Benefits

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy