<ul><li>Bitcoin surged past $111,000 for the first time, reaching a record of $111,878 before a slight decrease.</li><li>The rally is fueled by growing institutional demand, support from Donald Trump's administration, and the advancement of a stablecoin bill in the US Senate.</li><li>Entities like Michael Saylor's Strategy and SPACs are driving the rally, with Bitcoin outperforming smaller cryptocurrencies.</li><li>Bitcoin's latest milestone coincides with rising cultural visibility, as Trump meets with memecoin holders, but has not significantly impacted market dynamics.</li></ul>

Bitcoin Rally Takes Largest Cryptocurrency Past $111,000 For First Time

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