RE: THE CRYPTOCURRENCY MARKET AFTER THE ARRIVAL OF THE ETHEREUM MERGE

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THE CRYPTOCURRENCY MARKET AFTER THE ARRIVAL OF THE ETHEREUM MERGE

in hive-175254 •  2 years ago 

Hello @madridbg

The market has reacted downward since the ETH merger unfolded, some experts claim that the update destabilized the price action of the entire cryptocurrency market, to the point that at the time of writing this comment the Bitcoin price had plummeted to the $18,000 area.

Best regards, be well.

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Greetings friend, if what you mention is true, it is worrying that BTC is moving based on a secondary currency such as ETH beyond the updates or improvements that have been made.

What is true, is that even more bearish scenario than the one experienced so far is looming.