PANews, July 17 - According to Jin Ten's report, data shows that the cryptocurrency Ethereum has outperformed its more well-known counterpart Bitcoin, rising to a six-month high of $3478.97. David Morrison, an analyst at financial technology company Trade Nation, stated in the report that Bitcoin showed signs of retracement after reaching a historical high of $123,153 on Monday. He pointed out that traders hoping to profit from further increases in Bitcoin are feeling frustrated as Bitcoin has failed to rise above $120,000. This 'raises a question: Can Bitcoin's upward momentum be sustained without new catalysts?'
