Bitcoin Soars Past $120,000 to Record Highs Amid Bullish Momentum

TL;DR Summary
Bitcoin reached a new high of $120,000 driven by increased investor optimism, institutional inflows, and a broader risk-on sentiment, marking a significant recovery and growth in the crypto market, although some analysts remain cautious about the sustainability of this rally.
- Bitcoin Hits Record High of $120,000 as Bullish Momentum Builds Bloomberg.com
- Bitcoin hits new all-time highs as it crosses past $120,000, fueled by ETF inflows CNBC
- Bitcoin surges to new highs above $118,000 as investors go risk-on Yahoo Finance
- US Economy in a 'Goldilocks-Like Equilibrium' as Bitcoin Blasts Past $121K Decrypt
- Bitcoin crosses $120,000 to record high Reuters
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