Bitcoin surged past the $110,000 milestone for the first time ever on Thursday, extending its gains for a third consecutive session. The rally comes amid a broad crypto market upswing, fueled by growing optimism that U.S. regulators may adopt more favorable policies toward digital assets.
The breakthrough follows mounting speculation that the SEC could approve additional Bitcoin ETFs and provide clearer guidelines for institutional adoption. Ethereum and other major altcoins also posted significant gains as trading volumes spiked across exchanges.
Analysts note the rally appears driven by both institutional inflows and retail FOMO (fear of missing out), with technical indicators suggesting the momentum could continue. However, some traders caution about potential volatility ahead as the market digests these unprecedented price levels
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