Bitcoin Reaches $110K: Global Optimism Fuels Cryptocurrency Surge

Bitcoin has surged past the crucial $110,000 mark, marking its return after two weeks and exceeding an all-time high set in May. This significant milestone is attributed to a confluence of factors, including easing geopolitical tensions between the U.S. and China, which have ignited a broader market mood shift, and technical signals that indicate a potential reconfiguration within the crypto world.