Ethereum soared: +18.8% in a day — the best dynamics among the top 10
💎 Against the backdrop of the Pectra hard fork and positive news, ETH showed a “crazy” daily candle — the price rose above $2300, the daily gain exceeded BTC, which settled above $103,000.
📈 Top movements for the day:
💎 Ethereum: +18.8%
🐩 Dogecoin: +13.0%
🧂 Solana: +8.6%
🅱️ BTC: +4.5%
📉 Total liquidation volume in 24 hours — $878 million, of which:
🅱️ BTC: $344M
💎 ETH: $289M
💬 Economist Alex Kruger:
The rise of BTC above $99K triggered a cascade of short liquidations. ETH followed suit — already on new longs.
Additional drivers:
🔴 Coinbase x Deribit deal ($2.9B)
🔴 Trade deal between the USA and the UK — positive for the regulatory environment