BTC Slides 2.23% Amid Volatility, Institutional Inflows and ETF Surge Shape Market Dynamics

Bitcoin (BTCUSDT) experienced a 2.23% price decline over the past 24 hours, opening at 107,634.12 and currently trading at 105,235.49 on Binance. The price drop followed a brief dip below $105,000 before rebounding on institutional activity, including significant inflows into spot Bitcoin ETFs ($301 million), major corporate acquisitions by Metaplanet and MicroStrategy, and positive sentiment from JPMorgan’s digital asset service filing. Despite heightened institutional demand and robust ETF inflows driving recent rallies and pushing BTC near its all-time high earlier in June, the latest correction reflects short-term profit-taking and market volatility amid strong trading volumes and a circulating supply of 19,878,000 BTC. Bitcoin remains the largest cryptocurrency by market capitalization, with active investor participation sustaining liquidity and sector dominance.