The cryptocurrency market experienced a surge today, with Bitcoin surpassing the $108,000 mark, pushing closer to new all-time highs. This bullish momentum is driven by increased institutional investment and favorable macroeconomic conditions. Bitcoin’s price has climbed over 2% in the past 24 hours, reaching levels unseen since May. Analysts believe it could reach a record high of $110,000 within this week. Ethereum has also been experiencing strong gains, currently trading near $2,550 and showing no signs of slowing down. This follows BlackRock’s recent acquisition of a significant amount of Ethereum, signaling robust institutional interest in the crypto market.