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Analysis: Recent Collective Rise in Cryptocurrencies Linked to Easing Trade Tensions

Analysis: Recent Collective Rise in Cryptocurrencies Linked to Easing Trade Tensions

金色财经金色财经2025/05/11 07:26
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In recent days, cryptocurrency prices have surged significantly. Among them, Ethereum (ETH) has shown the strongest performance, with an increase of over 40% within 72 hours, and its price once approached $2600. Additionally, cryptocurrencies such as Bitcoin, XRP, BNB, Solana, Dogecoin, and Cardano have also seen considerable gains. Analysts point out that the recent collective rise in cryptocurrencies is related to the easing of trade tensions. The reason Ethereum is leading the rise is due to the technical upgrades it has undergone. (Securities Times China)

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