Bitcoin's price has surged past $71,000, reaching a new high of $71,379, and altcoins are following suit. Cryptocurrencies like BNB, SOL, and SHIB have seen significant gains, with some rising as much as 8%. This upswing is attributed to Bitcoin's strength, which has opened up new possibilities for altcoins to reach new heights.

Bitcoin's price increase is a result of favorable economic data, including the JOLTS report, which showed a rise in job openings. This has boosted investor confidence, leading to increased risk appetite and a focus on altcoins. If the upcoming Non-Farm Payroll data is also positive, investors could see substantial gains.

Ethereum, which had declined sharply from its March peak, has now turned upwards following the approval of an ETH ETF. It is targeting the $4,093 barrier, and a weekly close above this level could accelerate its journey to $5,000.

Binance Coin (BNB) has finally reached its all-time high, surpassing the $635 resistance level and reaching $700. This milestone is a result of increased network activity and investor confidence, following an agreement with the US and a significant growth in reserves.

In conclusion, Bitcoin's surge past $71,000 has inspired an altcoin rally, with cryptocurrencies like BNB, SOL, and SHIB seeing significant gains. As the market continues to grow, investors are optimistic about reaching new heights, with Bitcoin's strength leading the charge.