Ethereum ($ETH ETH) has also seen gains, rising over 5% in the past 24 hours, as anticipation builds around the Ethereum Dencun upgrade and developments in scaling technologies.

Meanwhile, altcoins such as Solana ($SOL SOL), Chainlink (#LINK ), and Pepe ($PEPE ) are experiencing double-digit percentage increases, reflecting a broader shift in market sentiment from risk-off to risk-on..

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