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Bitcoin Breaks $100K, Ethereum’s Pectra Upgrade Boosts ETH, Fed Holds Rates: Weekly Crypto Recap

  • Bitcoin attempted to break $100,000 but faced resistance and fluctuated around $94,000 until a potential US-China trade deal news pushed it past $100,000 mark, hitting over $104,000.
  • Ethereum saw a significant surge of almost 30% to reach nearly $2,500, its highest price in two months, following the implementation of the Pectra upgrade.
  • Other altcoins like SOL, DOGE, SUI, ADA, BCH, HYPE, and SHIB also experienced double-digit price increases.
  • Important developments include ETH's best day since 2021, SEC-Ripple settling for $50 million, New Hampshire enacting a Bitcoin reserve bill, Wall Street favoring Bitcoin over gold, and upcoming token unlocks worth $389 million.

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