Ether Surges 18% as Crypto Rally Lifts Bitcoin and Other Assets

The cryptocurrency market is experiencing a significant rally, with Ether surging by nearly 18% to above $2,250. This rise is part of a broader market trend that also saw Bitcoin increase by around 8% to over $69,100, Solana jump by 10%, and XRP climb by 10%. The US Treasury's expansion of bond buyback operations has improved liquidity and increased demand for risk assets, driving the rally.

The rally was further boosted by President Trump's support for crypto market clarity legislation. Traders are now watching to see if Ether can hold above $2,200 amid potential short-term profit-taking.