Bitcoin is nearing an all-time high, hitting $122,000 with demand from institutional investors and corporate treasuries driving the surge. Ether also saw a weekend rally, climbing to over $4,300. Digital-asset treasury companies have amassed $113 billion in Bitcoin and $13 billion in Ether, reflecting growing interest in cryptocurrencies.

Institutional inflows into corporate treasuries and US spot ETFs, combined with new US tariffs on imported gold bars, are fueling Bitcoin’s climb. Ether options markets are bullish, with a call concentration at $6,000. Bitcoin is aiming for the previous all-time high of $123,205, with support near $116,000.

Alt5 Sigma Corp. is seeking to raise $1.5 billion to become a stockpiler of a Trump-tied crypto token, benefiting the president’s family. Michael Saylor’s Strategy purchased 155 Bitcoin for $18 million, increasing holdings to over $75 billion. Bitcoin traded at $120,075, while Ether was at $4,311.

Read more at Yahoo Finance: Bitcoin Nears Record as Treasury Investors Boost Crypto Market