BTC Surges 3.28% as U.S. Regulatory Shift Fuels Institutional Inflows and Nears All-Time High

Bitcoin (BTCUSDT) has experienced a 3.28% price increase over the past 24 hours, rising from a 24h open of 117,800.00 to a current price of 121,665.79 on Binance. This upward movement is primarily attributed to positive regulatory developments in the United States, including an executive order allowing retirement plans to invest in cryptocurrencies, which has led to increased institutional inflows and bullish market sentiment. Additional factors supporting the price surge include strong trading volumes, ongoing accumulation, and anticipation of key U.S. inflation data. Bitcoin’s market capitalization remains robust at approximately $2.43 trillion, with trading volume reported between $45.3 billion and $75.88 billion, and the asset is approaching its all-time high of $123,218.