<ul data-eligibleForWebStory="false"><li>The cryptocurrency market surged with Bitcoin hitting a new all-time high near $112,000.</li><li>Bitcoin became the sixth-largest global asset, fueled by $1.2 billion ETF inflows led by BlackRock and Fidelity.</li><li>Ethereum rose 6% as the dollar weakened and the Federal Reserve maintained a dovish stance.</li><li>Over $500 million in liquidations occurred as short sellers were caught off guard by Bitcoin's surge, while altcoins like Pudgy Penguins jumped with retail market interest returning.</li></ul>

Why is the Crypto Market Up Today?

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