Bitcoin (BTC) has surged past $123,864, coming tantalizingly close to its all-time high of $124,474. This upward momentum is driving strong gains in the broader cryptocurrency market. Analysts predict a clear breakthrough if BTC surpasses its previous record price point in the coming hours, setting new highs for the month. What insights does the cryptocurrency landscape offer about this potential milestone? Experts attribute Bitcoin’s recent surge to robust ETF inflow and positive sentiment towards cryptocurrencies in general. Although still holding strong at $123,900, it is anticipated that BTC will break past its all-time high mark soon. The impact of the market’s trajectory on altcoins is notable as well; with BNB currently exceeding $1,300 and SOL trading above $235, altcoin sentiment has taken a positive turn.