#TradeWarEases

Alternative currencies have made a strong breakthrough, and the cryptocurrency market has led to the emergence of cognitive innovation.

After the successful implementation of the Ethereum Pectra upgrade in the cryptocurrency space, the market landscape is undergoing radical changes. Ethereum has shown strong growth momentum, with its weekly increase surpassing 30% in one go, making it the center of attention in the market.

At the same time, several prominent alternative currencies could not be outperformed. Both SOL, ADA, XRP, and BNB have seen price increases ranging from 2% to 6%, collectively forming an upward trend in the cryptocurrency market.

Many major traders have smartly captured this market dynamic. They generally believe that the cryptocurrency industry has reached a critical turning point. With the success of alternative currencies in reversing their previous downward trend, a new wave of risk appetite has quickly spread throughout the market, leading to a strong buying momentum in cryptocurrencies. Investors' perceptions and attitudes towards cryptocurrencies are also changing slightly.

However, complexities and uncertainties in the market still persist. The trade negotiations between the United States and China, which began in Switzerland this week, have become a "sword of Damocles" hanging over the cryptocurrency market. Any deadlock in negotiations or escalation of tensions is likely to deter the current hot market.