BTC Surges 3.65% as Institutional Inflows, ETF Demand, and SEC Approvals Drive Rally
BTCUSDT rose 3.65% over the last 24 hours, opening at 104,815.87 and reaching 108,644.30 on Binance, driven by robust institutional inflows, strong ETF demand, and recent regulatory developments including the SEC’s approval of Trump Media & Technology Group’s $2.3 billion Bitcoin treasury deal and the establishment of a U.S. Strategic Bitcoin Reserve. Heightened geopolitical tensions and continued volatility contributed to intraday price swings, but Bitcoin maintained support above $104,500 and approached its all-time high. Trading volume remained elevated, with over $27.8 billion exchanged and market capitalization near $2.16 trillion, reflecting sustained investor interest and liquidity in the market.