Crypto Surge Fuels Hope for Altcoins as Bitcoin Breaks Records

The cryptocurrency market experienced significant gains over the past 24 hours, driven primarily by Bitcoin’s historic surge above $124,000. The world’s leading cryptocurrency rallied 3.55% in a day and more than 8% in the last week, pushing the total market cap to $4.19 trillion. This positive movement is supported by strong market sentiment, reflected in a Fear & Greed Index reading of 68, indicating potential greed.