Ethereum Price Surges to $3900 Following ETF Approval and Pectra Upgrade Announcement
Introduction Ethereum, the second-largest cryptocurrency by market capitalization, has recently experienced a significant price surge, reaching over $3900. This surge follows two major catalysts: the approval of eight Ethereum-related exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) and the anticipation of the upcoming Pectra upgrade. Both of these developments have…