BTC Surges Past $120,000 as Ethereum Climbs Amid US Legislation and Institutional Investment Boost

Bitcoin has surpassed the $120,000 mark, signaling a significant milestone in the cryptocurrency market. This surge reflects robust investor confidence and heightened demand from institutional participants. Concurrently, Ethereum has demonstrated strong upward momentum, benefiting from increased network activity and positive developer engagement. Market dynamics are further influenced by recent US legislative developments, which have introduced clearer regulatory frameworks, fostering a more secure environment for digital asset investments. Additionally, the inflow of institutional funds continues to underpin market stability and growth, highlighting the growing acceptance of cryptocurrencies within traditional financial portfolios. These factors collectively contribute to a bullish market sentiment, reinforcing the position of major cryptocurrencies as viable investment vehicles in the evolving digital economy.