$BTC BTC Falls by 2.72% Amid Increased Volatility, A Volume Increase of $67 Billion and Strong ETF Inflows

Bitcoin (BTCUSDT) experienced a price drop of 2.72% in the last 24 hours, now trading at $104,752.35 on Binance, down from a 24h opening of $107,679.73. The price drop is mainly attributed to the increase in market volatility following recent geopolitical tensions and routine profit-taking after BTC's previous rally to weekly highs above $110,000. Despite strong institutional interest, as evidenced by the inflow of $164.57 million into spot Bitcoin ETFs and ongoing positive sentiment, the market experienced a sell-off at the end of the day and a shift towards risk-averse sentiment. BTC trading volume increased by 32% to $67.32 billion, and Bitcoin maintains a dominant position in the market with a market capitalization of approximately $2.06–$2.07 trillion and a dominance rate of 63.6%. Overall, the current correction is considered a normal response to recent gains and broader macroeconomic factors.