Opinion: Alts are breaking free from the negative trend, and investors are changing their view on Crypto Assets.

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PANews, May 10 news, according to CoinDesk, after the successful upgrade implementation of Ethereum Pectra, the weekly rise of ETH has exceeded 30%, while other alts SOL, ADA, XRP, and BNB have also gained a rise of 2-6%. Nick Ruck, head of LVRG Research, stated that traders believe the cryptocurrency industry may have finally found a second chance to hedge against market uncertainty. Investors are changing their views on cryptocurrencies as alts have broken free from negative trends and a new wave of risk appetite has brought buying pressure. However, traders are still closely watching the US-China trade negotiations this weekend, which are set to begin later on Saturday in Switzerland. Any signs of deadlock or rising tensions could undermine the current rise.

ETH4.85%
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