Bitcoin's trading volume has surged significantly, reflecting heightened investor interest as its price reached a new all-time high of nearly $112,000. On Wednesday, futures trading volume exceeded $203 billion, and spot volume also hit a two-month high of $150 billion. This increase in trading activity coincides with a broader market recovery as investors feel optimistic about economic indicators and view Bitcoin as a hedge against potential dollar depreciation. Major companies, including Strategy (formerly MicroStrategy), continue to accumulate Bitcoin, boosting confidence in its future. With only a few days this year surpassing the volume seen this week, the rise in demand for bitcoin ETFs has also contributed to the favorable market conditions. As analysts project further upward momentum, Bitcoin's resurgence has prominent implications for the larger cryptocurrency market, with major altcoins also benefiting from this bullish trend.

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