BTC Surges 2% as $2 Billion Institutional Inflows and Whale Moves Drive $54B Trading Volume

Bitcoin (BTCUSDT) has experienced a 2.04% price increase over the past 24 hours, rising from a 24h open of 117,175.42 to a current price of 119,570.80 on Binance. This upward movement is primarily attributed to heightened institutional activity, including Trump Media and Technology's $2 billion investment in Bitcoin and related securities, as well as Profusa's $100 million Bitcoin treasury strategy. Additional corporate acquisitions and notable whale transactions, such as SpaceX moving $150 million in dormant BTC, have contributed to increased market engagement and trading volume. Over the last 24 hours, Bitcoin traded between 116,100 and 120,200, with trading volume reaching approximately $54 billion, reflecting robust investor interest and positioning Bitcoin's market capitalization near $2.35 trillion. The market is currently in a consolidation phase, with participants closely monitoring for the next significant catalyst.