Thanks for sharing the summary. Here's a clearer and slightly more detailed version you can use for reporting or discussion:
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Ethereum's Pectra Upgrade Drives Crypto Market Momentum
Ethereum’s successful implementation of the Pectra upgrade has sparked a significant rally in its price, with ETH surging over 30% in the past week, according to PANews. The broader altcoin market followed suit, with SOL, ADA, XRP, and BNB posting gains between 2% and 6%, signaling renewed investor confidence.
Nick Ruck, head of LVRG Research, remarked that this momentum reflects growing optimism among traders, who see cryptocurrencies as a potential hedge against broader market risks. This shift in sentiment suggests a possible reversal of previous bearish trends across altcoins.
However, market enthusiasm remains tempered by geopolitical uncertainty. All eyes are on the upcoming U.S.-China trade talks in Switzerland, scheduled to begin late Saturday. Any signs of a breakdown or rising tensions could quickly reverse the current positive trend in crypto markets.