Bitcoin surged past $110,500 on Monday, marking a significant gain as major cryptocurrencies like XRP, SOL, and ETH also rose between 3% and 5% over the past 24 hours. This rally aligns with Japanese stock markets reaching record highs and China's Q3 GDP data surpassing expectations. The CoinDesk 20 Index increased by 3.6% to 3,685 points, indicating a broad market uplift. Bitcoin's RVT ratio, a measure of market sentiment, dropped, suggesting potential bullish momentum. Additionally, Michael Saylor hinted at further Bitcoin acquisitions. Japan's Nikkei 225 index exceeded 49,000 points for the first time, while the dollar index slightly decreased to 98.40, benefiting dollar-denominated assets.