Bitcoin price surged to $111.5k, hitting a new all-time high as altcoins struggled to keep up. Investors are closely watching the upcoming US job report for clues on the Federal Reserve’s next move. The overall cryptocurrency market cap reached $2.8 trillion, with Bitcoin dominance standing at 45.5%.

Read more at Investing.com: Bitcoin price today: rises to $111.5k, altcoins lag ahead of payrolls test