Crypto prices today: Bitcoin tops $110,500; Ethereum, Altcoins rally up to 11% ahead of US inflation data

Bitcoin surged past $110,000 amidst anticipation for US inflation data and US-China trade discussions. Ethereum and several altcoins, including Solana and Cardano, also experienced significant gains. Market sentiment was boosted by easing geopolitical tensions and substantial institutional investment, potentially paving the way for new all-time highs for Bitcoin.