BTC Slides 2.72% Amid Volatility Surge, $67B Volume Spike, and Strong ETF Inflows

Bitcoin (BTCUSDT) experienced a 2.72% price decline over the past 24 hours, now trading at $104,752.35 on Binance, down from a 24h open of $107,679.73. The price drop is primarily attributed to increased market volatility following recent geopolitical tensions and routine profit-taking after BTC’s earlier rally to weekly highs above $110,000. Despite strong institutional interest, as evidenced by $164.57 million in spot Bitcoin ETF inflows and ongoing positive sentiment, the market saw a late-day selloff and a shift to risk-off sentiment. Trading volume for BTC surged by 32% to $67.32 billion, and Bitcoin maintains a dominant market position with a capitalization of approximately $2.06–$2.07 trillion and a dominance rate of 63.6%. Overall, the current correction is viewed as a normal response to recent gains and broader macroeconomic factors.