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Bitcoin tops $23.7K in comeback on Wednesday

Rust: Big tokens, especially bitcoin, and all ethers will do well. We will see a faster recovery in the crypto markets than in the traditional financial market. ETH is now deflationary while the chain is seeing tremendously increased activity alongside the engagement of Ethereum developers, faster improvements of the Ethereum network itself and faster settlement related to all the activities. Despite the unlocking of staked ETH arriving with the Shanghai release, many people would be surprised at how much of the staking will remain. It could transition to liquid staking derivatives, which has been a burgeoning market across the Ethereum DeFi ecosystem. ETH to $10,000 by the end of this year maintains deflationary momentum: Less supply, more activity and faster circulation requires better value and more distribution to drive digital exchanges and commerce across Layers 1 and 2 of the Ethereum blockchain.

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