Ethereum Surges Past $3,400 While Bitcoin Nears $120,000 Milestone on July 17

On July 17, Ethereum experienced a short-lived surge, surpassing the $3,400 mark and peaking at $3,425, according to HT market data. The cryptocurrency currently trades around $3,363, reflecting a slight retracement from its intraday high. Meanwhile, Bitcoin demonstrated notable volatility, briefly exceeding $120,000 before settling near $118,789. These price movements highlight ongoing market fluctuations amid broader macroeconomic factors influencing digital asset valuations. Investors and analysts continue to monitor these key levels as indicators of potential momentum shifts within the crypto sector.