Bitcoin rises more than $4500 in a single day, leading the cryptocurrency market towards a new bullish wave, amid increasing institutional inflows and a weakening US dollar.

Notable increases were also recorded for popular cryptocurrencies such as Ethereum, XRP, Pi Network, and Dogecoin over the past 24 hours.

Current Bitcoin price: $110,261.60

Yesterday's Bitcoin price: $105,692.20

Change value: +$4569.40

Change percentage: +4.32%

Bitcoin prices increased by 4.32% today, reaching $110,261, compared to $105,692 yesterday, supported by intensive buying from institutional investors and the decline in the value of the dollar

55551956648