BTC Surges 1.93% to $109,300 as Institutional Inflows and MicroStrategy Drive Upward Momentum

Bitcoin (BTCUSDT) experienced a 1.93% price increase over the past 24 hours, trading at $109,300.33 on Binance with a 24-hour open of $107,228.60. The recent price movement is primarily attributed to strong institutional interest, highlighted by significant inflows into Bitcoin-focused funds and increased buy-side liquidity at key support levels. Additional positive sentiment was driven by MicroStrategy's $1 billion capital raise for further Bitcoin acquisitions, Metaplanet's new BTC accumulation target, and broader market rallies in both the cryptocurrency and traditional equity sectors. Despite some volatility and a temporary dip below $110,000, Bitcoin’s resilience is supported by high trading volumes and sustained market dominance, with current 24-hour volume at $51.54 billion and a market capitalization of $2.18 trillion. The asset remains 4.2% below its all-time high but continues to show strong upward momentum amid favorable financial conditions and ongoing institutional participation.