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Bitcoin surged to a new all-time high of $124,130, surpassing Google in market capitalization. The rally is fueled by easing trade tensions and expectations of a Fed rate cut, while Ethereum nears its own record high.
- Bitcoin’s market cap ($2.46T) surpasses Google ($2.45T), becoming the 5th largest global asset.
- Ethereum approaches its 2021 all-time high, needing to hold $4,630 as support for further upside.
- Institutional holdings now control over 17% of Bitcoin’s supply (3.64M BTC), intensifying scarcity.
📎 Related coverage from: cryptopotato.com