Ethereum Surges on Pectra Upgrade and Eased Trade Tensions

  • Ethereum soared nearly 40% last week, jumping from $1,800 to $2,500, as improved global risk sentiment and the successful rollout of its Pectra upgrade fueled investor optimism. The rally came amid easing U.S.-China trade tensions and a limited agreement between the U.S. and the U.K., which lifted global equities and spilled over into crypto markets.