Bitcoin Surpasses $119,000, Triggering Altcoin Rally

Bitcoin has surged past the $119,000 mark, setting off a rally among altcoins and driving excitement within the cryptocurrency market. Analysts attribute this rapid growth to expanding decentralized finance (DeFi) applications and increased institutional investment. Trading volumes are also surging as new listings on exchanges fuel this momentum. Coinbase’s recent announcement of its listing roadmap for the WalletConnect Token (WCT) has further fueled investor optimism.