BTC Surges 2.1% to $111K as Institutional Demand and Binance Milestone Fuel Trading Boom

Bitcoin (BTCUSDT) has risen by 2.10% over the past 24 hours, with the current price at $111,258.81 on Binance. The recent price surge is primarily attributed to increased institutional demand, with corporate treasuries and major asset managers expanding their Bitcoin holdings, alongside heightened trading activity driven by Binance's 8th anniversary events and broader market optimism. Despite the positive momentum, market participants remain cautious due to upcoming U.S. tariff discussions and anticipated regulatory developments during "Crypto Week" in Washington.

BTCUSDT recorded a 24-hour trading volume of approximately $61.44 billion, with prices ranging from $108,973.97 to $111,975.00 and a market capitalization exceeding $2.2 trillion. The market has shown modest but stable gains, reflecting both renewed investor interest and a maturing trading environment.