Bitcoin Rally Sparks Broad Crypto Market Breakout | JQJO

Bitcoin's surge to $120,000 has triggered a widespread rally in the crypto market, with Ether, Solana, XRP, and Dogecoin experiencing significant gains. This isn't solely momentum-driven; experts attribute the rise to increasing institutional investment, viewing Bitcoin as a macro hedge against economic uncertainty. Ethereum's performance is particularly strong, exceeding 17% weekly growth. Analysts highlight the structural shift in the market, with custodians scaling institutional pipelines and OTC desks tightening spreads. While some predict further growth, others caution about resistance levels.