Bitcoin Holds Around $81,000 as Blockstream Cites Strong Institutional Demand

Bitcoin held resilient in the $81,000 to $81,500 range amid broader financial market uncertainties, including equity fluctuations, U.S. 10-year Treasury yield movements, and European political unrest. Blockstream Chief Marketing Officer Peter Bain linked a bullish outlook to institutional client demand and infrastructure growth. To address conservative institutional adoption, Blockstream established Blockstream Consulting Services from its hub in Lugano, Switzerland. Concurrently, the firm's Liquid network swap service resumed operations following a disruption, restoring cross-chain Bitcoin transfers.