Bitcoin's value skyrocketed to $114,777, contributing to a $170 billion increase across the cryptocurrency market within 24 hours.

Bitcoin's Recent Performance

Bitcoin (BTC) reached an intraday high of $114,777 on Sunday. This represented a nearly 2.7% increase over a 24-hour period.

Market Dynamics

The upward movement indicates renewed confidence and increased market activity among cryptocurrency traders. This reaction stems from evolving economic indicators and a growing trend of buying momentum.

Market Capitalization

The global cryptocurrency market cap experienced a significant rise of $170 billion.