Bitcoin Breaks Record, Reaches $123,702; Ethereum Recovers

Bitcoin soared past the $123,700 mark, reaching an all-time high and marking a significant milestone in the digital asset space. This surge reflects continued investor confidence and buying pressure on the market. Despite a small daily increase, Bitcoin’s new record price highlights the momentum driving this rally. Ethereum also performed well, regaining key support levels after a recent dip. The second-largest cryptocurrency saw a 3% gain, reclaiming the $4,677 level. Ethereum’s strong performance suggests that altcoins could benefit from sustained bullish sentiment.