Bitcoin (BTC) recently surpassed $110,000 for the first time in over two weeks, setting off a wave of excitement and sparking discussions within the crypto community. This notable movement caught the attention of Dogecoin co-founder Billy Markus, who commented with his characteristic humor on the surge: “Bitcoin randomly decided to get exciting.” 💰🚀 Markus’s remarks reflect a shared sentiment among market participants surprised by Bitcoin’s recent rally following a period of quiet trading activity. The cryptocurrency reached its all-time high in May but has been recently fluctuating between $109,524 and $100,377. Meanwhile, major altcoins like Ethereum enjoyed positive momentum as the cryptocurrency surged above $2,690 (up 7.2%). Over the past day, approximately $435 million in crypto positions were liquidated with shorts accounting for $374 million according to CoinGlass data.