Ethereum (ETH) Roars Back to Life, Jumping 13.7% to $1,613 on Trump Tariff Pause and Pectra Upgrade Hype

The second-largest cryptocurrency by market cap jumped 13.7% to $1,613, riding high on President Trump's surprise 90-day global tariff pause (excluding China), renewed optimism around Ethereum's Pectra upgrade

The second-largest cryptocurrency is roaring back to life after weeks of lackluster trading.

This combination of geopolitical relief and bullish crypto catalysts is injecting fresh momentum into ETH markets, just in time for what may be a decisive month in Ethereum’s 2025 roadmap.

Trump’s Global Tariff Pause Spurs Crypto Price Hikes

Global markets surged following President Trump’s announcement of a temporary suspension of most global tariffs, announced on Friday, April 10th. The move came as a surprise to economists and signaled a potential shift in U.S. trade policy, reducing macroeconomic uncertainty that had weighed on markets for months.

Crypto markets responded swiftly, with Ethereum emerging as one of the top gainers. The policy shift has restored investor confidence and may have triggered the beginning of a new rally for ETH.

The latest price action saw a triple MACD golden cross, indicating a strong bullish bias.

If approved, staking ETFs could allow investors to earn passive income from ETH directly through regulated financial products, further fueling demand and making Ethereum a more compelling investment than ever.

This development comes as DeFi protocols are already offering innovative yield-generating strategies, showcasing the potential of Web3 to disrupt traditional finance models.

Pectra Upgrade Set for May 7: Performance Improvements and New Features

The Pectra upgrade, now scheduled for May 7, 2025, will improve Ethereum’s performance across several key areas. The upgrade aims to optimize the network's efficiency, reduce costs for developers and users, and introduce new technical capabilities that could unlock the next stage of innovation on Ethereum.

The Pectra upgrade is seen as a critical technical milestone that could redefine Ethereum’s efficiency and utility, making it even more attractive to developers, validators, and long-term holders.

The upgrade is expected to bring a combination of performance enhancements and new features, setting the stage for the next phase of growth in the Ethereum ecosystem.

The Pectra upgrade is a significant development in the ongoing evolution of Ethereum. As the network continues to mature and adapt, it remains a subject of interest and speculation within the cryptocurrency community.

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