Bitcoin (BTC) has extended its recent gains, breaking through the $124,000 resistance level in a continued uptrend. According to data from CoinMarketCap, the leading cryptocurrency is trading at approximately $124,197, marking a 1.51% increase over the previous 24 hours.

Altcoin Market Shows Strength

The positive momentum has spread across the broader cryptocurrency market, with major altcoins also posting gains. Ethereum (ETH), the second-largest digital asset, rose by 1.36% to trade at $4,550.47. Other notable performers include XRP, which saw a modest 0.29% increase to $2.97, and Solana (SOL), which climbed 0.93% to reach $229.80.