Bitcoin has reclaimed a price of $107,000 as of January 24, 2025, following a series of fluctuations. The cryptocurrency reached this level after previously dipping below $106,000. Reports indicate that Bitcoin's resurgence has been accompanied by increased market activity, with many analysts suggesting that a breakout could be on the horizon. Additionally, Ethereum's open interest has surged by 6.5%, indicating heightened participation in the futures market, which may signal a potential price breakout for Ethereum as well. The total open interest for Ethereum now stands at nearly 10 million ETH locked in futures trades.