Bitcoin has surged past the $100,000 mark, driven by the latest U.S. inflation data which has bolstered expectations of another Federal Reserve interest rate cut. This rally has been accompanied by significant gains in other major cryptocurrencies, with Ethereum (ETH) approaching $4,000 and smaller tokens like Solana (SOL), Chainlink (LINK), and Cardano (ADA) experiencing notable increases. The market's positive sentiment is further fueled by expectations of regulatory changes under President-elect Donald Trump, who has signaled a more favorable stance towards cryptocurrencies. Institutional demand, market sentiment, and the liquidation of short positions have all contributed to Bitcoin's strong performance, with analysts suggesting that it may stabilize above $100,000 this time.