Ethereum rose 30% during the week, expected to achieve its best single-week performance in four years
ChainCatcher news, according to Jin10 data, driven by easing global trade tensions and optimism about network upgrades, Ethereum has led the cryptocurrency rally this week, poised for its largest gain since 2021. On Friday, the second-largest digital token, Ethereum, surged 14% to $2,490, with a weekly increase of nearly 33%, marking the largest single-week gain since 2021, when excessive speculation and low interest rates fueled the cryptocurrency boom during the pandemic.The largest digital currency, Bitcoin, also rose 1.7% to $104,336. BRN Chief Research Analyst Valentin Fournier stated, "The momentum is strong and may continue." "New breakthroughs and policy support could attract new buyers."