Bitcoin Surges Past $67,000, Leading Crypto Market Rally

Major cryptocurrencies see significant gains as market sentiment improves and institutional interest grows.

Bitcoin's price hit its highest level in over a month, rising 5.7% to $67,000.
Ethereum and Solana also saw notable increases, with Ethereum up 3.9% and Solana up 9.2%.
An uptick in liquidations was observed, particularly among traders betting on price declines.
Factors contributing to the rally include expectations of Federal Reserve rate cuts and reduced market fears.
Institutional interest remains strong, with significant trading volumes and open interest in Bitcoin futures.