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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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After the peace agreement reached by the USA between Azerbaijan and Armenia, the crypto markets started to move upwards.
In the cryptocurrency market, Ethereum (ETH) has surpassed 4 thousand dollars, reaching its highest level since December 2024. While Bitcoin maintains its sideways trend, the ETH/BTC ratio has reached the peaks of the year.
In the last 24 hours, Ethereum, which gained 3.5 percent, rose above 4 thousand dollars, recording a 25 percent increase since the beginning of the year and a 112 percent increase compared to the same period last year. On the Bitcoin side, no significant movement was observed in the last 24 hours, the price
It continues to trade around the level of 117 thousand dollars.
In the market's rise, expectations of interest rate cuts in the US, the appreciation of cryptocurrency companies on the exchange, and the US Securities and Exchange Commission's dropping of the (SEC) Ripple case were influential.
The ETH/BTC ratio has increased by 3% in the last hour and has risen a total of 42% in the last month.
There was also activity in altcoins; XRP increased by 9%, Solana (SOL) by 3.5%, and Dogecoin (DOGE) by 5.3%.