On Thursday, the cryptocurrency markets saw a remarkable surge, with Bitcoin setting a new all-time high above $110,000. This explosive growth occurred alongside notable increases for other digital assets, including XRP, Dogecoin, and Ethereum, as institutional adoption continues to ramp up.

Bitcoin has recorded a price of $110,681.06, reflecting a 4% increase. Ethereum stands at an impressive $2,650.22, up by 4.3%. Likewise, Solana, XRP, and Dogecoin have each gained substantial ground, further highlighting the positive momentum in the overall market.

Noteworthy statistics from IntoTheBlock reveal that Bitcoin and Ethereum large transactions increased significantly by 22.1% and 36.9%, respectively. Bitcoin’s daily active addresses also rose by 7.7%, while exchange netflows have surged by 332.7%.

As the market reacts to this bullish trend, traders are poised to capitalize on this momentum, with many watching major altcoins and their performance in relation to Bitcoin’s resurgence.