Bitcoin hits record price of $124k while Ethereum sits $50 away from setting new all-time high
Traders eye $126,000 as Bitcoin exceeds its July peak, boosted by potential Fed rate cuts and robust institutional demand.

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Google searches signal alt season as Bitcoin dominance dips below 60% and institutional rotations into Ethereum intensify.
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The main reasons are likely lack of institutional interest and the complicated structure which the ETF is based on, analysts weigh in.
The August 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events reaches elevated levels.
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