Bitcoin Breaks Record, Altcoins Surge as Market Cap Explodes

Bitcoin has shattered through its all-time high, reaching a staggering $124,000. This surge is driven by institutional buying, hopes for interest rate cuts from the U.S. Federal Reserve, and a more supportive regulatory environment under the current administration. As Bitcoin dominates the market, attention is shifting toward the altcoin space where several prominent players could see significant growth. Ethereum and Cardano, in particular, are showing signs of strength that suggest their time in the spotlight might be near.