BTC Surges 2.8% as Institutional Inflows, Spot ETFs, and U.S. Regulatory Moves Drive Momentum

Bitcoin (BTCUSDT) has experienced a 2.80% price increase over the last 24 hours, with the current price on Binance at $121,038.97, up from a 24h open of $117,745.29. The recent bullish momentum is primarily attributed to significant institutional inflows, including record-breaking capital into Bitcoin spot ETFs, and increased corporate acquisitions of Bitcoin. Positive sentiment has also been fueled by upcoming regulatory developments in the U.S. Congress, as well as strong participation in related campaigns and trading competitions. Market activity remains robust, with high trading volumes and Bitcoin maintaining a dominant market capitalization position, reinforcing its leadership in the cryptocurrency sector.