MARKET UPDATE
Today, the crypto market is bullish, with Bitcoin hitting a new all-time high around $124K on strong institutional demand, new U.S. rules allowing crypto in 401(k) retirement accounts, and expectations of Fed rate cuts. Ethereum is also rallying, up 41% this month and nearing $4,800, boosted by ETFs and rising institutional interest. The total market cap is over $4.2T, daily volume is around $250B, and sentiment is strongly positive without signs of overheating.
