Bitcoin Market Update: Volume and Price Momentum

Bitcoin (BTC) traded at $68,500 as of 14:00 UTC, marking a 3.2% daily gain amid increased ETF inflows. Total 24-hour trading volume reached $28.7B, a 15% rise from the previous day, reflecting heightened institutional participation.

Key drivers include the SEC's approval of 12 new spot Bitcoin ETFs, which have accumulated $1.2B in net assets since launch. Technical indicators show BTC maintaining support above $67,000, with RSI at 62 (neutral range).

For context, this volume surge aligns with historical patterns observed during the 2023 ETF approval cycle, though current market structure shows stronger liquidity depth.