ETH, which has risen by 2.37% in the last 24 hours and at the time of writing, is among the day's appreciating assets.
Ethereum may have experienced a significant price increase after the US reduced its tariffs on China from 145% to 30% for 90 days. US President Donald Trump's positive statements on trade talks shared on social media may have contributed to Ethereum's rise. In addition, the ceasefire between India and Pakistan and Russia's statements on peace talks with Ukraine have created optimism in the markets that geopolitical tensions will decrease. These developments increased the demand for cryptocurrencies, boosting the performance of Bitcoin and Ethereum in particular.
