Bitcoin just crossed $124K, setting a new record: a 3.6% move in a single day. Ether climbed too, breaking above $4,780: levels not seen since late 2021. This isn’t a pure correlation trade. It’s a reflection of the same forces lifting both assets. ● Why $BTC and $ETH Are Breaking Out Together - Fed pivot in play: markets now price a September rate cut as CPI cools (2.7%) and labor softens. - Dollar weakness: multi-week lows are pushing capital into risk assets. - 401(k) crypto access: policy change opens U.S. retirement accounts to $BTC and $ETH, unlocking trillions in potential inflows.