Ethereum (ETH) recorded a strong price increase of over 25%, surpassing $2,300 on 5/9, aftertra officially activated. This price surge was driven by risk by return of risk acceptance in the market, prompting investors to intensify buying activities.
According to Min Jung – a research pr"finally started to catch up after lagging behind BTC for most of this year. The recent Has helped restore investor confidence. With the ETH/Bratio dropping nearly 40% since% the of the to around .02, the influx of funds into The the price level is underis understandable.
Mr. Nick Ruck – research director at LVRG Research – shared with The Block that the Pectra upgrade has created a clear positive reaction, helping to increase not only for ETETH but also spreading to the the altcoingroup.<.
<>"to macro factors, traders also believe that the crypto market is recovery momentum after the a decline period. The return of funds funds to the altcoin group shows that to investors are beginning to view seeurrrisk hedge in the context of of global economic instulability said.Alongside Bitcoin also expanded its increase this week, rising an additional 4% and currently trading around $102,526. According to experts,, is driven by information about new trade negotiations expected to take place in Switzerland between US Treasury Secretary Scott Bessent and Chinese officials.
