#TradingTools101 Bitcoin breaks through the 100,000 mark! Ethereum soars 20%! What will be the future trend?
On May 8, the cryptocurrency market rose across the board, with Bitcoin (BTC) breaking through $104,000 and Ethereum (ETH) soaring more than 20%, breaking through $2,200.
On the news front, the United States and the United Kingdom have reached an agreement on the terms of the tariff trade agreement, and market risk appetite has increased.
In addition, the Ethereum Pectra upgrade has been launched on the mainnet. Pectra is an upgrade of the Ethereum blockchain that aims to improve staking efficiency, improve user experience, continue to advance the expansion roadmap centered on Rollup, and enhance the decentralized nature of Ethereum.