This Week in Crypto: Trump, Ethereum, and Major Unlocks Shake the Market

The crypto market experienced significant shifts this week, driven by a confluence of major events. Donald Trump’s hosting of a crypto summit sent ripples through the industry, sparking considerable debate and speculation. Meanwhile, the much-anticipated Ethereum Pectra upgrade finally launched, potentially impacting network performance and DeFi applications. Adding to the volatility, a substantial token unlock for ENA project added significant supply to the market.

These events, along with other noteworthy developments, have created a dynamic landscape ripe with opportunities and challenges for investors. We’ll break down the implications of each event, analyzing their potential short-term and long-term effects on the crypto market. Stay informed and navigate the ever-evolving world of digital assets.