The cryptocurrency market is ablaze today with bullish momentum as Bitcoin (BTC) surges past the $104,000 mark, moving towards its all-time high, while Ethereum (ETH) climbed to $2,400, before pushing back in $2,300 range. 

Other major altcoins across the board are also riding the wave, with many posting double-digit gains as the market heads into the weekly close. This latest rally is fueled by heightened investor optimism and institutional interest. 

Bitcoin Briefly Touches $104,000 

In the renewed momentum, Bitcoin soared as high as $104,116 a few hours ago, gaining 3.60% in the past 24 hours. The flagship crypto has gained over 6% in the past week, driven by strong institutional inflows, favorable macroeconomic conditions, and…