The global cryptocurrency market cap surged by over $110 billion in just 24 hours, climbing from approximately $1.03 trillion to $1.14 trillion. This significant increase was driven by major cryptocurrencies, including Bitcoin and Ethereum, which saw substantial gains. Bitcoin broke through key resistance levels, attracting new investments from both retail and institutional investors. Altcoins such as Ethereum, Solana, and XRP also played a role in the market's upward momentum, with DeFi tokens and meme coins experiencing notable price increases. Analysts point to easing inflation concerns, potential interest rate cuts by central banks, and growing interest in crypto ETFs as key factors behind the bullish sentiment, alongside positive regulatory developments in certain regions.