update on #BTC for june 27

Bitcoin (#BTC ) continues its upward momentum on Binance, currently trading around $108,000. This price movement comes just ahead of a major $20 billion options expiry on June 27, which could trigger significant volatility or a potential push toward the $110K–$111K range. On the regulatory front, the U.S. SEC has officially dropped its lawsuit against Binance and its founder, CZ, signaling a more favorable stance toward crypto under the current U.S. administration. Additionally, Binance has resumed operations for users in Syria following the easing of U.S. sanctions, expanding access to new regions. Binance CEO Richard Teng recently emphasized that if the U.S. government fully embraces crypto, global sovereign funds and institutional investors could follow. Meanwhile, Binance is also updating its trading offerings, planning to delist pairs like KAITO/BNB and ZIL/BTC on June 27 at 03:00 UTC. Traders should act accordingly. Overall, Bitcoin’s strong price action, increasing institutional support, and Binance’s growing global presence all point to a bullish outlook in the short term.