After a sharp decline over the weekend from almost $97k to $94.1k, Bitcoin (BTC) shows signs of recovery, trading up 0.56% today. This increase in value comes in light of comments from the US Treasury Secretary, who referred to Bitcoin’s growing reputation as a store of value. As the market stabilizes, many investors remain optimistic. They foresee Bitcoin’s significant role in the financial landscape. Attention is now on how macroeconomic factors could influence future price trends for the leading cryptocurrency.