#ETH A new surge has swept the market as Ether is one of the most profitable altcoins.
In just a few days, ETH has recovered with a rise of more than 30%, which has shocked the market that had been stagnating for months. But what is behind this breakthrough? Surprisingly, the fuel does not come from Washington, but from Beijing. Traders point to bold changes in Chinese monetary policy as a catalyst. The People's Bank of China recently lowered the key interest rate to a historic low and eased liquidity requirements for banks, effectively flooding the system with capital. Analysts say that the strengthening of the yuan against the dollar is a clear sign that risk assets, including cryptocurrencies, may thrive in the coming months. As the yuan strengthens, the dollar weakens, creating ideal conditions for the growth of digital assets. Investor interest in XRP derivatives is rapidly growing. Meanwhile, the US Federal Reserve has kept interest rates unchanged, but rising unemployment and trade tensions may force it to take action in the near future. If layoffs accelerate, rate cuts may follow – another favorable factor for crypto optimists. The recovery of Ether is not just technical - it is fundamental. Stripe has announced its support for stablecoin payments using the altcoin network, which is a signal for broader acceptance in traditional financial systems. At the time of writing, ETH is trading at a price of $2,560, which reflects a 10% increase over the last 24 hours. Some investors see early signs of a new cycle, while others remain cautious, unsure if this is the beginning of a bull market or just a temporary spike. But for those who are observing closely, the inertia this time looks different - stronger, more global, and probably just at the beginning.
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#ETH A new surge has swept the market as Ether is one of the most profitable altcoins.
In just a few days, ETH has recovered with a rise of more than 30%, which has shocked the market that had been stagnating for months. But what is behind this breakthrough? Surprisingly, the fuel does not come from Washington, but from Beijing.
Traders point to bold changes in Chinese monetary policy as a catalyst. The People's Bank of China recently lowered the key interest rate to a historic low and eased liquidity requirements for banks, effectively flooding the system with capital.
Analysts say that the strengthening of the yuan against the dollar is a clear sign that risk assets, including cryptocurrencies, may thrive in the coming months. As the yuan strengthens, the dollar weakens, creating ideal conditions for the growth of digital assets.
Investor interest in XRP derivatives is rapidly growing.
Meanwhile, the US Federal Reserve has kept interest rates unchanged, but rising unemployment and trade tensions may force it to take action in the near future. If layoffs accelerate, rate cuts may follow – another favorable factor for crypto optimists.
The recovery of Ether is not just technical - it is fundamental. Stripe has announced its support for stablecoin payments using the altcoin network, which is a signal for broader acceptance in traditional financial systems.
At the time of writing, ETH is trading at a price of $2,560, which reflects a 10% increase over the last 24 hours. Some investors see early signs of a new cycle, while others remain cautious, unsure if this is the beginning of a bull market or just a temporary spike.
But for those who are observing closely, the inertia this time looks different - stronger, more global, and probably just at the beginning.