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The Daily Hodl 2022-08-30 19:55:03

Top Smart Contract Platform Ethereum (ETH) Could Dip Below $1,000 Before The Merge: Bloomberg

The second-largest crypto asset by market cap faces bearish momentum ahead of its much-anticipated upgrade, according to a new report by Bloomberg. The report says that based on technical analysis, Ethereum (ETH) could fall by over 30% from its current levels ahead of its transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) […]The post Top Smart Contract Platform Ethereum (ETH) Could Dip Below $1,000 Before The Merge: Bloomberg appeared first on The Daily Hodl.

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