Bitcoin (BTC) has surged past $112,000 following the U.S. Federal Reserve's announcement to explore payment accounts for cryptocurrency and fintech firms. This development could allow digital-asset companies direct access to the Fed's payment systems, signaling a major institutional endorsement for the crypto industry. The price of Bitcoin reached a peak of $112,413, contributing to the overall cryptocurrency market capitalization rising above $4.6 trillion. This move by the Federal Reserve is seen as a pivotal step in integrating digital assets into the broader financial system.