BTC Slides 3.2% Amid June Seasonality, Yet Exchange Outflows and ETF Growth Signal Strong Support

Bitcoin (BTCUSDT) is currently trading at $101,557.49 on Binance, reflecting a 3.20% decline over the past 24 hours from a 24h open of $104,916.36. The price drop is primarily attributed to typical June seasonality, which historically brings mixed-to-negative performance for Bitcoin, as well as a recent slowdown in ETF inflows noted by analysts. Despite these short-term headwinds, Bitcoin maintains robust trading activity, with a 12.28% increase in 24-hour volume to $39.03 billion and a market capitalization of approximately $2.08 trillion. Exchange outflows exceeding 20,000 BTC and all-time low exchange reserves indicate strong long-term holding sentiment, while institutional participation continues to rise with the launch of SEC-approved crypto ETFs. Over the past year, Bitcoin has demonstrated significant growth, up 43.45%, although near-term volatility remains evident amid shifting market dynamics.