Ethereum Merge Brings 'Sell-the-Fact' Price Move in Crypto Markets

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The price stability that prevailed after Ethereum's historic shift to a more energy-efficient 'proof-of-stake' network has suddenly evaporated. Reporting by _jocelynyang_ and godbole17

similar to Bitcoin's, which Ethereum used until Wednesday.

“ETH peaked at $2,000 one month ago and has seen a sharp drop today once the Merge was deemed successful. The market had priced in a successful Merge, and so far, this seems to have come to fruition," Marc Arjoon, a research associate at CoinShares, said. In the two-week run-up to the Merge, the price of ether was up 4%, but remains down 15.5% on month according to market data.quoted on the"Bankless" podcast as saying

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_jocelynyang_ godbole17 👇🏼

_jocelynyang_ godbole17 Hey guys recently UnilayerNetwork Testnet record over 2000 unique testers. Check out more information here:

_jocelynyang_ godbole17 😃👍👍👍👍👍

Good news! Well, im here also waiting for radix to make its next big move. They have plan to release Babylon next year, it's supposed to be milestone cryptoproject

_jocelynyang_ godbole17 Bitcoin price currently less than it was in 2017. Congratulations on your zero growth over the past five years during record inflation all you crypto nerds. 😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More HypePeople are throwing watch parties for the Merge, as ETH trading volume rose to $61 billion on Tuesday, the highest since June 13. Liqquidity and Godbole17 report in First Mover by CoinDesk Markets Liqquidity godbole17 Why is nooboody talkingBEUM aboout this? Liqquidity godbole17 🔥Uniswap exploit ... Liqquidity godbole17 Whyy is everyonee silent about thiss?
Source: CoinDesk - 🏆 291. / 63 Read more »

Podcast: Misery in Crypto Markets — A Day Before Ethereum's Merge | CoinMarketCapCheck out today's CoinMarketRecap podcast if you're feeling sad about the market downturn 😔 📉 tomorrow the first Arab virtual world will be launched p2e metaverse from hzmcoin nemo_land_kingdom Land purchase will be available to individuals and investors Land prices start from $5 Book your virtual land now 👇 nemolandkingdom malarab1 Wen new Reward coming...those are useful We will rock soon Token Address BSC Pancakeswap 0x0dC2422EAe6EE2A2daE2bA374f279bfaACDf6916 ✅ Ownership Renounced, Liquidity Locked ✅ Games, NFTs Coming Soon ✅ RT & Tag 3 friends BSCGem Airdrop Fairlaunch Web3 games Giveaway BNB
Source: CoinMarketCap - 🏆 290. / 63 Read more »