Bitcoin Surges Past $120,000 with a 0.71% Gain Amid Ethereum’s Rise to $3,500

On July 18, Bitcoin demonstrated a notable recovery by surpassing the $120,000 threshold, currently trading at approximately $120,070, reflecting a modest 24-hour gain of 0.71%. This uptick underscores renewed investor confidence in the flagship cryptocurrency amid fluctuating market dynamics. Concurrently, Ethereum experienced a significant rally, reaching a peak near $3,500 and stabilizing around $3,479, marking a robust 24-hour increase of 3.03%. These movements highlight sustained momentum in the crypto sector, driven by increased trading volumes and strategic market positioning. Market participants should monitor these price trends closely, as they may influence broader digital asset valuations and portfolio adjustments in the near term.