The cryptocurrency market has seen a significant influx of over $110 billion in just 12 hours, reigniting bullish sentiment as Uptober begins. This surge has propelled Bitcoin (BTC) back above the $111,000 mark, recovering from a recent dip to $110,000. Market analysts are currently split on the implications of this rapid liquidity increase. While some view it as a potential sign of a sustained market recovery, others caution it may be a strategic move by bulls to initiate a rally. The uptick is believed to be driven by expectations of a robust fourth quarter and a potential peak in altseason activity.