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Cryptocurrences suddenly exploded, causing Ethereum to skyrocket by over 40%! What happened?

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2025-05-11 05:12:40
On May 11, the price of cryptocurrencies has risen sharply in recent days. Among them, Ethereum (ETH) has performed the strongest, rising more than 40% in 72 hours, and the price once approached $2,600. In addition, Bitcoin, XRP, BNB, Solana, Dogecoin, Ada and other cryptocurrencies have also seen good gains. Some analysts pointed out that the recent collective rise of cryptocurrencies is related to the easing of trade tensions. The reason why Ethereum has led the rally is related to the technical upgrade of the coin.
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