Bitcoin has seen a significant increase in price as the market has seen a strong recovery over the past 24 hours. During this time, BTC has increased by nearly 2% to around $110,107, from $106,950. Currently, Bitcoin is down about 9% on the month and is still more than 15% below its peak of $126,000. Large investors and miners have sold off as prices have fallen, and spot ETF inflows have returned to negative territory. Some traders see this as just a short-term shakeout, while others fear the downtrend could continue further.