The post ETH Bounces Back After Trade War Pause appeared on BitcoinEthereumNews.com.

Ethereum Leads Recovery After Trump Halts Tariffs The crypto market is rallying hard after U.S. President Donald Trump announced a 90-day pause on the escalating trade war with many countries worldwide. The decision came as a relief to global markets, and crypto assets were no exception. While Bitcoin and other major altcoins bounced back, Ethereum (ETH) stood out as a top performer among the top 10 cryptocurrencies—especially after a week of steep losses. Top cryptos by market cap – coinmarketcap ETH Price Analysis After Crypto Market UP At the time of writing, Ethereum is trading around $1,660, up a whopping 12.70% in the past 24 hours. Here are the key numbers: 1h: +1.5% 24h: +12.70% 7d: -11.32% Market Cap: $201 billion 24h Trading Volume: $38 billion After being heavily oversold in the past week, Ethereum is clearly regaining investor confidence. –> Trade Ethereum now with Bitget, open an account using our link to get 100% transaction fee rebates in BGB on your first transaction <– Why Ethereum Is Gaining Momentum Several factors are behind Ethereum’s latest rally: Global Trade Relief: The halt of Trump’s aggressive tariff campaign calmed global financial markets, reigniting risk appetite. Crypto, being a high-beta asset, benefitted massively. SEC Approves ETH ETF Options: The U.S. Securities and Exchange Commission recently approved options trading on spot Ethereum ETFs, opening the door for new institutional strategies and increasing ETH’s legitimacy in traditional finance circles. Oversold Bounce: ETH had dropped over 11% in the past week. The sudden relief sparked short-covering and aggressive dip-buying. Institutional Rotation: With uncertainty fading in traditional markets, institutional capital appears to be rotating back into major altcoins like Ethereum Ethereum Price Prediction: $2,000 in Sight? Market analysts now believe that if macro conditions remain stable, Ethereum could reclaim the $2,000 price mark within the next…

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Filed under: News - @ April 9, 2025 9:21 pm