Bitcoin Rebounds to $64,700 as Falling Volume, Exchange Inflows Signal Weak Conviction

Bitcoin rebounded to $64,784 on Wednesday ET, up 3.71% on the day, but the recovery is met with declining trading activity and renewed inflows to exchanges. Spot trading volume fell to about $28.93 billion. The bounce marks a short-term stabilization after a steep pullback, though market data suggests the move may lack broad conviction.