BTC Surges 2.54% Amid High Trading Volume and Macroeconomic Shifts, Consolidates Above Key Support

Bitcoin (BTCUSDT) has experienced a 2.54% price increase over the last 24 hours, rising from 87,731.61 to 89,958.72 according to Binance data. This movement is largely attributed to heightened market activity, as evidenced by a significant rise in daily trading volumes, and ongoing macroeconomic influences including recent Federal Reserve repo operations and persistent uncertainty around U.S. interest rates and trade policies. Additionally, ETF outflows and reduced whale participation were notable factors earlier in the week, but increased volume and consolidation above key support levels have contributed to the latest gains. Bitcoin currently trades near 89,958.72 USDT on Binance with a 24-hour volume of 648.24 million USDT, and maintains strong market capitalization and supply metrics.