Bitcoin (BTC) has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session.

Two previous attempts, spiking to $122,300 on Monday and topping $123,000 on July 14, were met with heavy selling, knocking down prices intraday below $120,000 on both occasions.

Ethereum's ether (ETH) was also inching closer to its 2021 peak of $4,865, trading at $4,750 and just 3% shy from that record. Ether continued its recent outperformance, ahead 4.5% over the past 24 hours against 2.3% for BTC.

The crypto rally extended to major altcoins, with Solana's SOL (SOL) advancing 5% above $200, Uniswap's (UNI) and Hyperliquid's (HYPE) native tokens also rallied 5%-6%.

Broader capital markets are providing "supportive momentum" with the S&P 500

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