Crypto Market Recap: Bitcoin Reaches $118K, Ether Soars to New Highs

Bitcoin’s price climbed above $118,000 this week as analysts anticipated further gains. Ether broke through the $4,000 mark for the first time since December 2024, marking a significant shift in dominance. Vitalik Buterin’s ETH holdings have surged past one billion dollars, and Harvard’s endowment recently invested heavily in BlackRock’s Bitcoin ETF. This week’s market highlights include institutional investment booms, record-breaking price movements, and the SEC-Ripple lawsuit resolution.