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The cryptocurrency market experienced fluctuations today, with several major news items attracting investor attention. Bitcoin briefly broke through the $124,000 mark this morning, setting a new ATH. Meanwhile, the Ethereum ecosystem is leading the altcoin market pump, with Arbitrum (ARB) showing a daily increase of over 18%, standing out particularly.
Standard Chartered Bank is optimistic about the prospects of Ethereum, raising its price expectation for the end of 2025 to $7,500. This prediction further boosts market confidence.
Google Trends data shows that the search volume for 'altcoin' has risen to such a high level for the first time in five years, reflecting increasing investor interest in Crypto Assets beyond Bitcoin.
In the traditional financial sector, the U.S. government has added three candidates for the Federal Reserve Chair, which could have a significant impact on the future direction of monetary policy.
As the Crypto Assets market continues to heat up, investors should remain vigilant, follow market risks, and closely monitor changes in regulatory trends and the macroeconomic situation.