Bitcoin bounces back at $114K, Ethereum trades at $4,204; gold rally boosts market sentiment

Major cryptocurrencies, Bitcoin and Ethereum, surged on Tuesday, driven by positive market sentiment following gold's record rally. Bitcoin climbed over 2% to $114,421, while Ethereum rose nearly 2% to $4,203. Experts link this momentum to institutional interest and Bitcoin's historical correlation with gold, despite potential volatility.