Bitcoin surged to $115,447, achieving a 2.5% increase against the U.S. dollar on Sunday evening. This rally contributed to the broader cryptocurrency market's rise to a valuation of $3.88 trillion, marking a 2.88% overall gain. Other major cryptocurrencies, including Ethereum, Solana, and Dogecoin, also experienced upward momentum. The price surge led to significant liquidations, with $392.08 million in positions closed, affecting approximately 101,591 traders. Bitcoin shorts were particularly impacted, with $87 million liquidated in the past hour alone as the market reacted to the price spike.