Bitcoin Reaches New High, Ethereum Soars After Upgrade

Last week witnessed significant price movements in the cryptocurrency market. Bitcoin (BTC) broke through the $100,000 barrier, setting a new record high. The asset saw a surge of over $20,000 since its recent lows in April and stalled just short of reaching six figures. Meanwhile, Ethereum (ETH) experienced explosive growth following its Pectra upgrade, soaring by almost 30% during the week. It reached highs of nearly $2500 earlier this week, marking a significant comeback after months of disappointing performance.