Ethereum Skyrockets 20%, Igniting Altcoin Season Hype

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." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE