Bitcoin hits record price of $124k while Ethereum sits $50 away from setting new all-time high

Bitcoin reached a new all-time high above $124,000 early this morning, surpassing its previous peak set in July, while Ethereum approached $4,800, a level not seen since late 2021. Both assets surpassing or reaching key historical thresholds creates market momentum, which is supported by macroeconomic expectations, regulatory changes, and derivatives positioning. The latest surge coincided The post Bitcoin hits record price of $124k while Ethereum sits $50 away from setting new all-time high appeared first on CryptoSlate.