BTC Surges 3.58% as Institutional ETF Inflows Top $1 Billion, Trading Volume Hits $2.53B

BTCUSDT experienced a 3.58% price increase over the past 24 hours, rising from 117,756.00 to 121,973.75 on Binance. This upward movement is primarily attributed to strong institutional inflows into Bitcoin ETFs, which exceeded $1 billion on both Thursday and Friday, pushing net ETF assets above $158 billion. The increased capital inflow has supported bullish sentiment and contributed to higher trading volumes, with Binance reporting a 24-hour BTC/USDT volume of $2.53 billion. Despite ongoing volatility and technical resistance near $118,200, Bitcoin’s price action has been reinforced by positive market momentum and robust market capitalization, currently standing at approximately $2.43 trillion. Overall, Bitcoin remains the leading cryptocurrency, with recent gains driven by institutional demand and heightened trading activity.