🔸Bitcoin (BTC) and Ethereum (ETH) are close to new all-time highs, with BTC rising towards $123,000 and ETH at 3% of its 2021 peak.

The cryptocurrency market is on a rally driven by optimism in traditional markets (such as the S&P 500) and expectations that the Federal Reserve will cut interest rates soon. The report from 10x Research indicates that the environment is very favorable for risk assets and that the market has not yet fully priced in this scenario.$BTC