Ethereum

Strong

Bitcoin

Toncoin

Chainlink

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ethereum-shows-strong-market-recovery-and-attracts-increased-attention/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum Shows Strong Market Recovery and Attracts Increased Attention</a><br></p>
<p style="text-align: justify">Ethereum has experienced an 8% increase in the last 24 hours, reaching levels not seen since May 2024. Currently, ETH is trading at $3,661 and has recorded a remarkable 79% growth year-over-year.</p>
<h2 id="ethereum-s-role-in-market-recovery">Ethereum’s Role in Market Recovery</h2>
<p style="text-align: justify">In the wake of Bitcoin ‘s recent decline, Ethereum has assumed a leading position in the market. The ETH/BTC trading pair has shown an increase of over 10% in the past five days, indicating a shift in market sentiment and a resurgence of interest in <a href="https://en.coin-turk.com/altcoin-with-significant-growth-outpaces-bitcoin-price-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoins</a>.</p>
<p style="text-align: justify">According to QCP Capital analysts, the 13% jump in the ETH/BTC pair is seen as a sign of the <a href="https://en.coin-turk.com/notable-gains-in-the-cryptocurrency-market-over-the-past-week/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> revival.</p>
<h2 id="reasons-behind-ethereum-s-recovery">Reasons Behind Ethereum’s Recovery</h2>
<p style="text-align: justify">Peter Chung and Min Jung from Presto Labs note that several factors could be driving Ethereum’s recovery. They highlight the Trump administration’s crypto-friendly policies, the strengthening of ETH/BTC ratios, and the growing interest of institutional investors in Ethereum ETFs as key elements.</p>
<blockquote>
 <p>“Following Bitcoin’s decline, Ethereum is bouncing back, and there are signs that market flows are shifting toward ETH and altcoins,” says QCP Capital.</p>
</blockquote>
<p style="text-align: justify">According to Santiment’s analysis, projects such as Chainlink , Sui, Avax, and Toncoin are also experiencing significant price increases, achieving substantial gains due to their market capitalization exceeding $500 million.</p>
<p style="text-align: justify">The growing acceptance of Ethereum’s “world computer” narrative among institutional investors and increased interest in spot ETH ETFs signals a positive outlook for Ethereum’s future.</p>
<p>The post <a href="https://en.coin-turk.com/ethereum-shows-strong-market-recovery-and-attracts-increased-attention/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum Shows Strong Market Recovery and Attracts Increased Attention</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Ethereum Shows Strong Market Recovery and Attracts Increased Attention

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