Bitcoin Breaks $122K Barrier: Market Sees Shift Towards Ethereum Dominance

The cryptocurrency market is experiencing a significant shift, with Bitcoin nearing its all-time high around $122,000. This surge has coincided with Ethereum’s strong performance, exceeding $4,300 and indicating a potential shift toward dominance in the digital asset landscape. Analysts are divided on the short-term trajectory of Bitcoin, with some predicting a peak followed by a sharp correction, while others remain bullish. Ethereum’s market cap recently entered the global top 25, fueled by regulatory clarity and growing institutional interest.