Bitcoin surpassed USD 100,000 for the first time, driving the total cryptocurrency market cap to over USD 3.89 trillion, before a sharp pullback led to significant liquidations. Meanwhile, altcoins like XRP, ADA, and XLM surged, fueled by changing regulatory sentiment and strong market performance, with altcoin market cap rising to USD 1.85 trillion. Ethereum outperformed Bitcoin, attracting institutional interest, while renewed NFT activity could further boost demand.