The global cryptocurrency market cap surged by $160 billion within 24 hours, marking one of the largest single-day increases in recent months. Leading the charge, Bitcoin, Ethereum, and Solana posted significant double-digit gains, with Bitcoin spearheading the rally. This surge is driven by improved investor sentiment, favorable macroeconomic conditions, and anticipation of regulatory developments. Altcoins also experienced robust performance, with several outperforming Bitcoin in percentage gains. The market's rapid growth highlights renewed investor confidence and optimism about the future of cryptocurrency regulations and market dynamics.