IITMIND: EdTech, Finance and Crypto currencies

COULD MARKET MAKE A COMEBACK AHEAD OF ETH MERGE ?

Recent studies reveal that investors are having an optimistic view of the crypto market as the ETH merge is ahead.


Recent analysis shows that investors are expecting a big turn in the crypto market after the ETH merge on the 15th of September. The Ethereum Merge is a hot topic being discussed widely on social platforms and a buzz has been built around the much-anticipated shift. The ETH network also has seen an all-time high hash rate of 47 terahashes/sec (TH/s), along with this, some of the major crypto exchanges like Binance, Coinbase, FTX etc have announced to support the ETH merge.

Meanwhile, traders expect a bullish momentum for ETH as the market anticipates a successful Merge. Also, the ETH prices have grown continuously in the past 60 days. In mid-June ETH fell to as low as $943.52 and then crossed $2,000 in mid-August. Investors will keep an eye on the ETH merge as it going to be a historic moment for the entire crypto community.

At the time of writing this article, ETH is trading at $1,575.36 with a market cap of $192.47B as per CoinMarketCap.


>> Disclaimer Risk warning:- Cryptocurrency Investment is subject to high market risk. The information on our website is for educational purposes only. Please do your own research before investing anywhere, we will not be responsible for your investment losses.

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