Bitcoin hits a record high of $112,022 as Fed signals potential rate cuts by 2025, boosting market sentiment.
Increased interest in Bitcoin due to US debt levels and a weakened dollar index is driving the cryptocurrency's appeal among investors.
Ether experiences a selloff amidst positive market movements; over $1 billion flows into US spot Bitcoin ETFs with companies like BlackRock accumulating significant amounts of BTC.
Regulatory clarity, institutional capital inflows, and growing mainstream adoption are cited as key factors behind Bitcoin's recent surge, signaling a maturation of the asset class.