Bitcoin Sailed Past $124,000, Ethereum Gains. This Is the Next Test for Cryptos.

1. Bitcoin surged to $124,000 but retreated, currently around $121,708. 2. Investors anticipate Federal Reserve interest rate cuts boosting risky assets. 3. Bullish crypto exchange IPO surged 84%, attracting significant investor interest. 4. Higher-than-expected inflation could weaken investor risk appetite. 5. Ethereum and Bitcoin dominate recent market trends, affecting investor sentiment.