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Here are some of the latest Ethereum news and updates:
Recent Price Movements
- Ethereum's price surged over 20% after President Trump announced a US-UK trade agreement, reclaiming the $2,000 psychological level.
- The price growth is closely aligned with Bitcoin's, which crossed the $100,000 mark for the first time since February 7.
- Ethereum's current price is around $2,200, with potential resistance near the $2,250 level ¹.
Pectra Upgrade
- The Pectra upgrade went live on the Ethereum mainnet on May 7, introducing several features to improve wa
- Ethereum's price surged over 20% after President Trump announced a US-UK trade agreement, reclaiming the $2,000 psychological level.
- The price growth is closely aligned with Bitcoin's, which crossed the $100,000 mark for the first time since February 7.
- Ethereum's current price is around $2,200, with potential resistance near the $2,250 level ¹.
Pectra Upgrade
- The Pectra upgrade went live on the Ethereum mainnet on May 7, introducing several features to improve wa
"Ethereum surges 20%! Price reclaims $2,000 psychological level amid market optimism. Will ETH continue its upward trend? Stay tuned for more updates! #Ethereum #ETH #Crypto"
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Altcoin season might be on the horizon, according to recent market trends and analyst predictions. H
- *Market Indicators:*
- Bitcoin dominance has dropped by 2% in the past 24 hours, while many altcoins have surged, indicating a potential shift in market sentiment.
- The CMC Altcoin Season Index tracks the performance of top 100 altcoins relative to Bitcoin over 90 days, with a score above 75 indicating altcoin season.
- *Analyst Predictions:*
- Crypto analyst Danny predicts a strong altcoin season between January and May 2025, with Ethereum potentially outperforming Bitcoin.
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- Bitcoin dominance has dropped by 2% in the past 24 hours, while many altcoins have surged, indicating a potential shift in market sentiment.
- The CMC Altcoin Season Index tracks the performance of top 100 altcoins relative to Bitcoin over 90 days, with a score above 75 indicating altcoin season.
- *Analyst Predictions:*
- Crypto analyst Danny predicts a strong altcoin season between January and May 2025, with Ethereum potentially outperforming Bitcoin.
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ETHCrossed2500
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After months of consolidation under $2,000, Ethereum has officially crossed $2,500, briefly touching the milestone before pulling back to the $2,470–$2,480 range. Bulls say ETH is gearing up for a major run with ETF momentum and rising DeFi activity. Bears, however, point to strong resistance at $2.500 and warn of a potential short-term pullback.
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