According to data from Cryptonewsterminal, Bitcoin (BTC) has recovered to $68,000. At the time of writing, BTC is trading at $68,044.43 on the Binance USDT market. This is a significant gain from the recent low of $63,000. The recovery in BTC price is likely due to a number of factors, including increased institutional adoption, positive news from the regulatory front, and a growing sense of FOMO among retail investors. Institutional adoption of BTC has been growing steadily in recent months, with a number of major companies, such as Tesla and MicroStrategy, adding BTC to their balance sheets. This has helped to legitimize BTC as an asset class and has made it more attractive to a wider range of investors. On the regulatory front, there have been a number of positive developments in recent weeks. The US Securities and Exchange Commission (SEC) has approved the first Bitcoin futures ETF, and the Commodity Futures Trading Commission (CFTC) has proposed new rules that would make it easier for institutional investors to trade BTC. These developments are likely to further boost institutional adoption of BTC. Finally, there is a growing sense of FOMO among retail investors. As BTC price continues to rise, more and more people are starting to believe that they are missing out on a once-in-a-lifetime opportunity to get rich. This is likely to lead to increased buying pressure and further gains in BTC price.