Ethereum News Today: Bitcoin Surges 1.1% to $118,000, Ethereum Gains 5.9%

Bitcoin (BTC) has surged past $118,000, marking a significant milestone in its recent price trajectory. The leading cryptocurrency posted a 1.1 percent gain over the past 24 hours, bringing its total weekly increase to 8.7 percent. This upward trend is indicative of strong momentum in both institutional and retail markets, as investors continue to show confidence in Bitcoin's long-term prospects.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has also seen substantial gains. Trading at $3,157.53, Ethereum recorded a 5.9 percent rise in the past 24 hours and a 20.1 percent increase over the week. This strong performance is supported by increased network activity and capital inflows, reflecting growing interest in the Ethereum ecosystem.

XRP (XRP) has extended its rally, surging to $2.93 with a 2.9 percent increase within a day. Its weekly performance stood out with a 26.0 percent gain, signaling heightened investor confidence. XRP’s strong performance places it among the most actively traded coins, highlighting its resilience and appeal to investors.

Other notable performers include BNB (BNB), which traded at $690.67 after rising by 1.3 percent in the past 24 hours, and Solana (SOL), which was priced at $163.53 with a 2.2 percent increase on the day. Cardano (ADA) jumped to $0.7455 after recording a 3.1 percent gain in 24 hours, while Dogecoin (DOGE) continued its positive trend, trading at $0.1985 following a 3.8 percent daily rise. TRON (TRX) moved to $0.3009 with a 0.6 percent gain in the last 24 hours, reflecting stable performance supported by sustained trading activity.

Lido Staked Ether (STETH) mirrored Ethereum’s trend, priced at $3,156.14. It posted a 5.8 percent daily gain and matched ETH’s 20.1 percent weekly increase as demand for liquid staking solutions continued to grow. Among the top daily performers was Seraph (SERAPH), which rose by 53.3 percent to $0.1642. Mamo (MAMO) and Renzo (REZ) followed with respective gains of 50.1 percent and 49.9 percent, showing significant traction among speculative traders.

The cryptocurrency market has posted broad gains, with Bitcoin and Ethereum leading the rally. Strong performances by XRP, Cardano, and several mid-cap assets reflect deepening investor engagement. Meanwhile, new entrants like Seraph gained momentum amid increased trading activity, indicating a bullish sentiment across the market.