🚀 The recent Ethereum Pectra upgrade has fueled an impressive 30% surge in ETH’s weekly performance! This technical leap has not only boosted investor confidence but also sent ripples across the broader altcoin market. Tokens like SOL, ADA, XRP, and BNB have also joined the rally with gains ranging from 2% to 6%, showing a renewed bullish sentiment across major layer-1 assets.
Crypto as a Hedge in Uncertain Times
📈 According to Nick Ruck of LVRG Research, traders are increasingly optimistic about using crypto as a hedge against traditional market uncertainties. As inflation fears and fiat instability loom, investors are viewing digital assets as strong alternatives. Ethereum’s upgrade has become a key signal that innovation in blockchain can drive real-world market reactions — attracting both seasoned and new investors alike.
Eyes on Global Events
🌍 While the market is riding this wave of optimism, geopolitical tensions could soon test its strength. The upcoming U.S.-China trade talks in Switzerland may influence macro trends — with any deadlock potentially cooling down the current rally. Investors remain alert, balancing enthusiasm with strategic caution as the global economic landscape continues to evolve.