Ethereum Skyrockets 20%, Igniting Altcoin Season Hype

21 views May 9, 2025
publisher-humix

CoinDeskTV

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Ethereum surged over 20% in 24 hours, driven by the Pectra upgrade’s deflationary impact and heightened volatility, sparking a broader altcoin rally led by PEPE’s 40% climb, as bitcoin’s dominance wanes. CoinDesk's Christine Lee runs through the numbers on "Chart of the Day."

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