The reasons behind Bitcoin's surge tonight: 1. The three major U.S. stock indices collectively rose, driving the crypto market up. 2. Bitcoin ETF saw net inflows for three consecutive days, with inflows exceeding $500 million. 3. Trump's remarks on the Strait of Hormuz eased geopolitical conflict risks. 4. Tonight, the White House held a meeting with crypto industry executives, regulatory officials, etc., and the Fed's FOMC meeting minutes were released—likely bringing regulatory benefits.