Bitcoin is experiencing a bullish surge, with its realized capitalization skyrocketing by over $3 billion in a single day. This growth reflects renewed investor confidence fueled by improving macroeconomic conditions. The cryptocurrency’s total capital invested climbed 0.33% to reach around $106,574, just two percent shy of its all-time high near $109,000 reached earlier this year. This surge is attributed in part to the easing tensions between the US and China, both major economic powerhouses. Recent tariff reductions from the US (reducing rates from 145% to 30%) and China (cutting from 125% to 10% over 90 days) have boosted investor sentiment and encouraged a risk-on approach across the market.