BTC Surges 3% to 108,541 USDT as ETF Inflows and Trump Media Deal Drive Demand

Bitcoin (BTCUSDT) is currently trading at 108,541.67 USDT on Binance, reflecting a 3.04% increase over the past 24 hours from an opening price of 105,336.95. This price rise is primarily attributed to continued strong institutional demand, notably from U.S. spot Bitcoin ETFs, which have seen sustained inflows and accumulation rates outpacing new BTC supply. Additional upward momentum followed the U.S. SEC’s approval of Trump Media & Technology Group’s $2.3 billion Bitcoin treasury deal on June 13, 2025, which has further boosted market sentiment and interest in Bitcoin-related financial products. The broader market remains volatile, with a 24-hour trading volume of approximately $26.4 billion and a market cap near $2.15 trillion, as investors respond to macroeconomic data, regulatory developments, and ongoing innovation in the crypto sector.