Bitcoin (BTC) surged to $124,289 during the Asian trading session on Sunday, driven by robust demand for U.S.-listed spot ETFs, which saw a net inflow of $3.24 billion last week. This rally in Bitcoin also lifted other major cryptocurrencies, with XRP, ETH, SOL, and DOGE gaining between 1% and 3%. Analysts suggest that the surge is influenced by macroeconomic factors, including the U.S. government shutdown and concerns over inflation and global liquidity. The strong performance of Bitcoin and other cryptocurrencies highlights the market's resilience amid economic uncertainties.