The cryptocurrency market experienced a remarkable surge, adding over $100 billion in value within 24 hours. This growth was primarily driven by significant price increases in Bitcoin and Ethereum. Institutional investments, notably from BlackRock’s iShares Bitcoin Trust, contributed to the rally, with more than $5 billion in net inflows into Bitcoin ETFs. U.S. institutional investors were pivotal in this development, indicating a growing mainstream acceptance of cryptocurrency assets. The influx of institutional capital underscores the increasing confidence in the crypto market's potential, further solidifying its position in the global financial landscape.