Ether Surges 30% in Best Week Since 2021 as Trade Tensions Ease
Ether led a broad cryptocurrency rally this week, heading for its strongest gains since 2021, bolstered by easing global trade tensions and optimism over a network upgrade.
The second-largest digital token by market value jumped as much as 14% on Friday to $2,490, extending its weekly advance to nearly 33%. That marks its steepest weekly gain since 2021, when speculative excesses and low interest rates fueled the pandemic-era crypto boom.
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