Bitcoin Breaks Through Resistance, Reaches New All-Time High Amid Shifting Market Dynamics

After a brief dip below $120,574, Bitcoin has surged past $122,000, indicating signs of strong recovery. Analysts attribute this rise to the expansion of decentralized finance (DeFi) applications and increasing institutional investment in cryptocurrencies. Meanwhile, altcoin investors are facing some turbulence, leading to a sell-off amidst cautious sentiment.