The price of Ethereum jumped by over 20% Friday morning to highs of over $2,400, as crypto markets rallied on news of a US-UK trade deal and Bitcoin topped $103,000.
Ethereum was further bolstered by the success of the Pectra upgrade earlier this week. Billed as the “most ambitious upgrade” the network has ever implemented, Pectra includes a number of improvements designed to enhance Ethereum’s scalability, efficiency, and usability.
The bill’s defeat casts a pall of uncertainty over U.S. oversight of stablecoins, throwing a spanner in the works of the Trump administration’s effort to pass digital asset legislation ahead of the 2026 midterm elections.
Ethereum Surges Double Digits to $2,400 Following Pectra Upgrade
Ethereum's Pectra upgrade and the easing of global trade tensions helped the network soar by over 20% Friday morning.
Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill
Scott Bessent has slammed the Senate for blocking the GENIUS Act, warning it weakens U.S. crypto leadership ahead of the 2026 midterms.
Steak ‘N Shake to Roll Out US Bitcoin Payments Nationwide
Steak ‘n Shake hinted at Bitcoin support in March, signaling early interest in crypto adoption before making its full-scale move public.
Why is Bitcoin's Price Rising Today?
Bitcoin surged past $103,000 as traders bet on Fed rate cuts, welcomed signs of institutional inflows, and reacted to easing trade tensions.
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A few months after swapping CEOs in a move to ditch “extractive corpo” initiatives, Doodles has dropped its DOOD token on Solana.
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🎓 LEARN: What Is the Pectra Upgrade? Enhancing Ethereum’s Flexibility
Ethereum’s Pectra upgrade boosts scalability, staking, and gas payment options with significant tech enhancements.