Ether price stalls at $1,630 after gaining 50% in under a week

2022.07.22 05:38

Ether price stalls at $1,630 after gaining 50% in under a week

Price action across the cryptocurrency market was largely subdued on July 21, as traders took a day to digest gains over the past week and book profits following the biggest relief rally since early June.

Amid speculation about what drove the recent rally, the Ethereum Merge has consistently ranked at the top of the list. The market rally shifted into high gear after a tentative date of Sept. 19 was set for the mainnet Merge.

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