Ethereum (ETH) climbed more than 3% in 24 hours, trading above $4,075 according to CoinMarketCap data, as improving sentiment around U.S.–China trade negotiations lifted global risk assets.
The rally came after China’s Vice Minister confirmed progress on tariffs and fentanyl agreements, while President Trump suggested that a “complete deal” could be finalized this week, according to many sources. The announcement sparked a broad recovery across equities, commodities, and crypto, adding over $150 billion to the total digital asset market cap.
As a high-beta asset, Ethereum benefited strongly from the surge in investor confidence. Trading volumes rose to $22.3 billion, while its market capitalization surpassed $491 billion, reflecting renewed institutional participation and spot ETF momentum.
Analysts note that Ethereum’s correlation with macroeconomic optimism has strengthened in recent months, with easing inflation and diplomatic progress serving as catalysts for renewed accumulation. The $4,000 level now acts as a key psychological threshold, with traders watching for sustained momentum toward the $4,200–$4,300 zone in the days ahead.