Major cryptocurrencies Ethereum and Bitcoin exhibited significant price surges, highlighting persistent volatility within the digital asset market.
Ethereum briefly surpassed the $3,400 mark, reaching a peak of $3,425 before experiencing a slight retracement. This movement represents a notable price point for the second-largest cryptocurrency.
Simultaneously, Bitcoin approached the significant $120,000 threshold, briefly exceeding this level before stabilizing near $118,789. The proximity to this milestone underscores continued strong momentum for the leading digital asset.
These sharp price fluctuations serve as a stark reminder of the inherent volatility characterizing the broader cryptocurrency sector, even as major assets test key psychological and technical levels.