Bitcoin Surpasses $122,000 as Crypto Market Hits $4.13 Trillion
The cryptocurrency market has surged to record levels, with its total market capitalization surpassing $4.13 trillion for the first time. Bitcoin (BTC) and Ethereum (ETH) have led the charge, with BTC trading at $122,008 and ETH reaching $4,300. This marks a pivotal moment for digital assets, signaling renewed investor confidence and expanding institutional participation [1].
Bitcoin’s rise is being driven by a 4.59% increase over the last 24 hours, with prices briefly surpassing $122,000. Analysts suggest that if the current trend continues, Bitcoin could potentially break its all-time high of $123,218. However, they caution that significant price corrections—triggered by large-scale sell-offs or macroeconomic shifts—could…
