#CryptoComeback The cryptocurrency market is experiencing a significant resurgence, with Bitcoin surging past $103,000 and Ethereum breaking through $2,200. This crypto comeback is driven by increased institutional investment, improved global trade relations and growing adoption. Bitcoin's price surge is attributed to its renewed appeal as a store of value, similar to digital gold, amidst inflation pressures and economic uncertainties. Meanwhile, Ethereum's rally is supported by solid fundamental data, including a 41% increase in Total Value Locked (TVL) and the recent deployment of the Pectra update, which aims to enhance scalability. The future outlook remains positive.
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