Ethereum surged 30% in a week and is expected to record its best weekly performance in 4 years."
According to online reports, according to Jin Shi data, driven by easing global trade tensions and optimism about network upgrades, Ethereum led the rise in cryptocurrencies this week and is expected to achieve its largest increase since 2021. On Friday, the second-largest digital token by market capitalization surged 14 percent to $2490, up nearly 33 percent this week, its biggest weekly gain since 2021, when excessive speculation and low interest rates fueled the cryptocurrency boom in the epidemic era. Bitcoin, the largest digital currency, also rose 1.7% to $104,336."The momentum is strong and may continue," said Valentin Fournier, principal research analyst at BRN. "New breakthroughs and policy support may attract new buyers."
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