JUST IN: $93,000 Bitcoin ...

JUST IN: Bitcoin rockets up to $92,000 https://t.co/eX8g9jE2zA ...

JUST IN: #Bitcoin hits $92,000 🚀 ...

JUST IN: #Bitcoin reclaims $113,000 💥 https://t.co/4gwOPZKiV5 ...

Bitcoin pushes over $109,000 https://t.co/AJQiyaLlgX ...

It's looking to be a great period for #Bitcoin.A massive correction on the markets, a flash crash, retest of the lows and now we're grinding upwards again.It's facing a crucial resistance zone.I assume we'll break through it during this week and, then, $120K is next. https://t.co/hOjjh4PHvV ...

🔥 BREAKING: Bitcoin breaks above $124,000. https://t.co/bYH6VZF4Zf ...

JUST IN: Bitcoin hits $114,000 https://t.co/jAFLsA04Hv ...

Market Trends - Bitcoin surged $5,500 in 2 hours [1]

Market Performance - Bitcoin price surged to a new all-time high, surpassing $124,000, representing an approximately 8% increase in one week [1] - Year-to-date, Bitcoin is up 30%, starting the year at $94,384 [1] - Ethereum and other major cryptocurrencies are also rallying, with ETH approaching its record high [2] Market Drivers - The rally was initially fueled by Trump's election victory and U.S spot Bitcoin ETF inflows [1] - Aggressive futures buying and reduced selling pressure from miners are now driving prices higher [1] - Strong Taker Buy Volume at $12.24 billion indicates traders are aggressively buying at the ask price [2] - Potential interest rate cuts by the Federal Reserve, influenced by political pressure, could further boost Bitcoin's momentum [2] Mining Activity - Miner reserves have decreased to 1,806,630 BTC, suggesting a reduction in liquidation risk [2]