Bitcoin has seen a notable increase in value, with reports indicating a strong upward movement. Ethereum is also experiencing significant gains, surging to $3,300, with some analysts projecting a target of $3,200. The bullish sentiment surrounding Ethereum is attributed to leverage-driven trading activity, which has contributed to its recent price spike. As of January 24, 2025, Ethereum's upward momentum continues, with multiple sources confirming its strong performance in the market.