Crypto Market Soars, Reaching New All-Time Highs Amidst Cautious Optimism

Despite a brief downturn over the weekend, cryptocurrency markets continue their upward trajectory. Bitcoin reached record levels around $125,000, before settling between $123,000 and $125,000 on Monday. Meanwhile, altcoins saw profit-taking, with market capitalization hitting approximately $4 trillion. The Crypto Fear & Greed Index remained at 64, indicating a cautious risk appetite. Institutional investments are driving this recent surge, primarily from ETF demand.