@BitlayerLabs #BitlaywrLabs The cryptocurrency market is experiencing an unprecedented bullish trend, with Bitcoin breaking historical highs and surpassing the $124,000 mark, while Ethereum closely follows, currently just 4% below its historical peak in 2021. This synchronized rise has pushed the total market capitalization of cryptocurrencies past $4 trillion, marking an important milestone in the current bull market cycle. This surge is driven by multiple factors, including institutional capital inflows from spot ETFs, growth in total value locked (TVL) in decentralized finance (DeFi), and increased network activity.