Bitcoin Loses Steam as Price Rises to New High Alongside Ethereum
The crypto market soared to new milestones on Tuesday, with Bitcoin briefly touching $126,198 before easing to $124,000 and Ethereum holding firm above $4,700. Strong institutional inflows, weakening dollar strength, and anticipation of a dovish Fed signal are fueling optimism. Altcoins also show momentum, with BNB, Solana, and XRP posting steady gains, while select tokens like MYX Finance surged over 30 percent. Traders now await whether Bitcoin can break higher or consolidate near support levels.
