<ul><li>Bitcoin surged to $105,327, marking a 37% increase in less than a month and boosting the overall cryptocurrency market cap.</li><li>The cryptocurrency market gained $250 billion in total value with Bitcoin dominance surpassing 53%, driven by improved investor sentiment due to lower U.S. CPI, a dovish Federal Reserve attitude, and increased institutional interest.</li><li>Bitcoin's price surge was influenced by factors such as cooler-than-expected U.S. inflation data, growing confidence in interest rate cuts, and substantial fund inflows from both retail and institutional investors.</li><li>The market frenzy extended beyond Bitcoin, with altcoins like Ethereum and meme coins experiencing significant gains, while analysts are eyeing the $110K-$115K range as the next major obstacle for Bitcoin.</li></ul>

Bitcoin Soars To $105K, Triggers A $250B Cryptocurrency Rally And A Market Frenzy

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