Bitcoin tops $104,000 on rate cut hopes, institutional buying; Altcoins trade mixed

Bitcoin surpassed $104,000, fueled by expectations of US interest rate cuts and increased institutional investment, despite a slowdown in ETF inflows. Analysts point to strong short-term momentum and potential for new all-time highs if Bitcoin breaks through the $105,200 resistance level. Macro indicators and sovereign fund adoption further support a bullish outlook for the cryptocurrency.