🟠On the night of August 14, Bitcoin broke through $124,474, setting a new all-time high. However, it failed to hold the peak — by morning, the price had retreated below $121,500, still 5.6% higher than a week ago. Ethereum also approached its 2021 record but fell short by about 3%, reaching $4,786 before correcting.
🟠Analysts link the rally to a favorable macroeconomic backdrop: expectations of a more dovish Fed policy, regulatory changes, and capital inflows into cryptocurrency ETFs. Low liquidation volumes and a rising Fear & Greed Index confirm the dominance of buying sentiment, which could signal a continuation of the bullish trend.
