BTC Surges 4.15% to $117K on Record ETF Inflows, Institutional Demand, and Binance Activity

BTCUSDT has experienced a 4.15% price increase in the past 24 hours, with the current Binance price at $117,274.14, up from a 24-hour open of $112,597.28. This upward movement is primarily attributed to strong institutional inflows, including record ETF investments and increased accumulation by public companies, as well as heightened trading activity driven by broader positive sentiment in financial markets. Additional factors include Binance’s ongoing Task Center promotion, which has encouraged user participation in BTC-related activities, and notable arbitrage opportunities observed on Binance USD wallets. The market has seen a significant surge in trading volume and market capitalization, with Bitcoin’s circulating supply near 19.89 million and a market cap of approximately $2.33 trillion, reflecting strong momentum and sustained investor interest.