Bitcoin has surpassed the $110,000 mark for the fourth time this year, reflecting increased correlation with stock prices and raising prospects of new all-time highs. Bitcoin futures open interest surged nearly 10% to $26.9 billion, marking its largest increase since March, as the cryptocurrency approaches the $110,000 level. Market analysts attribute Bitcoin's recent rebound, reaching around $109,000, to favorable macroeconomic signals. However, efforts to exceed the previous all-time high of $112,000 have been challenged by market volatility and regulatory concerns, according to analysis from Cointelegraph.