BTC Surges 6.29% as Institutional Inflows, ETF Growth, and Binance Milestones Drive Market Momentum

Bitcoin (BTCUSDT) has surged 6.29% in the past 24 hours, with the current price at 117,754.07 USDT on Binance, opening at 110,782.40 USDT. The recent price increase is primarily attributed to strong bullish sentiment driven by substantial institutional inflows, notably over $15 billion into Bitcoin ETFs since April 2025 and BlackRock’s iShares Bitcoin Trust now holding more than 636,000 BTC. Additional support comes from heightened market activity around Binance’s 8th anniversary event and positive corporate developments, such as increased Bitcoin holdings by companies and ongoing commitments to sustainable mining. Technical analysis across multiple sources points to a strong buy signal, with robust trading volumes and Bitcoin’s market capitalization exceeding $2.3 trillion, reflecting its continued dominance and heightened investor interest.