Ethereum Soars Past $4,000 Amid Calm in Global Markets

Ethereum experienced a significant rebound this Saturday evening, surpassing the $4,000 mark after experiencing turbulence earlier in the week. This upward trend coincided with Vice President JD Vance’s announcement that President Trump is willing to engage in reasonable trade negotiations with China on tariffs, offering relief to investors facing escalating trade tensions. πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³. Data from CoinMarketCap shows a surge of 5.7% for Ethereum within the past 24 hours, reaching $4,068.84 with a market capitalization of nearly $491 billion. The bounce marks a dramatic reversal from Friday’s crash, where Ethereum briefly dipped below $3,700 due to panic selling caused by fears of a full-scale trade war between the U.S. and China. πŸ“‰ Trading volumes have decreased by over 50% as the market stabilizes, suggesting that panic-driven liquidations have eased. With improved sentiment and diplomatic signals easing tensions, Ethereum’s return above $4,000 could signify renewed optimism heading into the week, particularly if U.S.-China trade negotiations move toward a more constructive path.