The encryption zone has partially pumped, and ETH has broken through $3400, reaching a new six-month high.

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PANews July 17 news, according to SoSoValue data, affected by the deadlock in encryption legislation, today's market sentiment is polarized, with ETH rising for the second consecutive day, up 6.26% in 24 hours, breaking through $3400 to reach a nearly six-month high; BTC slightly up 0.31%, currently reported at $118,000. The Meme zone rose 5.12%, with FLOKI up 31.86%; the PayFi zone rose 2.56%, with XRP up 4.80%; the Layer1 zone rose 1.97%, with SOL up 5.58%; Pump.fun (PUMP) fell 13.95%.

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