Institutional Buying Pushes Bitcoin Past $122,000 as Crypto Market Regains Momentum

Bitcoin rose nearly 3% to $122,800 on Friday, lifting the total crypto market capitalization above $4.13 trillion. Analysts attributed the move to renewed institutional inflows into Bitcoin-linked ETFs and optimism surrounding Ethereum and Solana upgrades. Dogecoin rallied 8%, driven by speculative retail trading. Traders said market sentiment improved after October’s correction, as liquidity recovered on major exchanges. While confidence has returned, volatility remains elevated due to weekend activity and the Federal Reserve’s cautious signals on future policy direction.