Bitcoin’s price has skyrocketed past the $108,000 mark, driven by significant macroeconomic shifts and global market reactions. Recent developments in trade negotiations between the U.S. and China have sparked a surge in investor confidence, resulting in substantial liquidations and optimism within the crypto community. This unprecedented rise underscores Bitcoin’s influence on global financial markets, prompting strong interest from both investors and institutional players. The increase has also triggered more than $20 billion in forced liquidations, leading to increased trading volumes across major exchanges. Altcoins and Ethereum have mirrored Bitcoin’s gains, capitalizing on this renewed investor optimism.