Ethereum Breaks $4,500 Barrier: Signs of Altcoin Revival Emerge as Market Finds Stability

Amidst a muted market shift towards stability in the cryptocurrency space, Ethereum has surged past $4,500, signaling a potential turning point for altcoins. This upward movement is attributed to growing DeFi applications and increased institutional interest, potentially pushing the market toward a broader recovery. 7 While some investors may be apprehensive after recent volatility, signs of an enduring bullish trend are emerging.