Ethereum Price Stalls While Bitcoin Dips Below $20,000 Post Merge

Ethereum Price Stalls While Bitcoin Dips Below $20,000 Post Merge


Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade. Parts of the pre-merge reactions were negative.

With the official conclusion of the Paris upgrade, popularly known as the Merge, the Ethereum network transited from PoW to PoS. This marked the consolidation of the two separate layers, the execution layer (PoW chain) and consensus layer (Beacon Chain).

No Immediate Volatility With The Ethereum Merge

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While many people in the crypto industry had expected the Ethereum transition to create volatility, the outcome is different. The upgrade has not distorted the price of the Ethereum coin. All the Ether community was hoping that ETH merge would bolster Ethereum growth; rather, it

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