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Cryptocurrency News

3 signs Ethereum price is on track toward $2.5K by September

08/11/2022

Less than a minute

2022.08.11 20:54

Ethereum’s native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.

A big part of Ether’s ongoing rally has appeared due to “the Merge,” a network upgrade that will switch Ethereum’s underlying blockchain protocol from proof-of-work (PoW) to proof-of-stake (PoS) in September.

Source

08/11/2022

Less than a minute