BTC Pulls Back 2.54% After All-Time High, Volatility Rises Amid Strong ETF Inflows

Bitcoin (BTC/USDT) experienced a 2.54% decline over the past 24 hours, with the current price at 116,886.15 USDT on Binance, down from a 24-hour open of 119,927.47 USDT. The recent price pullback follows Bitcoin’s surge to a new all-time high of nearly 123,000 USDT, driven largely by strong institutional inflows into spot Bitcoin ETFs and heightened market enthusiasm. The retreat from peak levels has led to increased volatility, with analysts attributing the correction to profit-taking and resistance near the 119,000–123,000 USDT range. Despite the short-term dip, overall sentiment remains positive, supported by robust trading volumes and continued institutional interest. Bitcoin’s 24-hour trading volume on Binance reached 3.24 billion USDT, and its market capitalization stands at approximately 2.33 trillion USD, with recent trends shaped by ETF inflows and ongoing market activity.