BTC Surges 2% as Binance Anniversary, New Partnerships, and U.S. Policy Fuel Market Momentum

Bitcoin (BTC/USDT) has experienced a 2.02% price increase over the past 24 hours, rising from a 24h open of 108,881.94 to a current price of 111,079.45 on Binance. This upward movement is attributed to ongoing investor optimism, as evidenced by consistent buying on minor dips, and positive sentiment surrounding Binance’s 8th anniversary campaign, which is generating increased engagement in the crypto sector. Additionally, recent developments such as Compass Mining’s new facility, KULR Technology’s credit facility with Coinbase, and BTQ’s quantum proof-of-work simulator have contributed to a constructive market environment. Political developments, including legislative actions in the U.S. and public support for Bitcoin from high-profile figures, have also supported market confidence. Bitcoin’s market capitalization remains strong at over $2.17 trillion, with 24-hour trading volume between $43.85 billion and $46.69 billion, reflecting sustained high activity and positioning BTC as the leading cryptocurrency by market share.