BTC Surges 3.61% as Institutional Inflows, ETF Investments, and Whale Accumulation Drive $2.17T Market Cap
Bitcoin (BTCUSDT) experienced a 3.61% price increase over the past 24 hours, with the current price on Binance at $109,320.75, up from a 24h open of $105,513.61. This upward movement is primarily attributed to strong institutional inflows, including $386 million in net Bitcoin ETF investments, heightened trading activity with a 38% surge in spot volumes, and increased accumulation by large holders, as evidenced by a 12% rise in wallets holding more than one BTC since June 1. The rally aligns with broader optimism in risk-on assets and expectations of potential U.S. Federal Reserve rate cuts later in 2025. As of June 10, 2025, Bitcoin maintains robust liquidity with a 24-hour trading volume exceeding $59 billion and a market capitalization of approximately $2.17 trillion, reflecting sustained investor confidence and positive momentum in the market.