ETH falls below $1,600, despite completion of The Merge.
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 Following Completion of The Merge
Ethereum fell below $1,600 on Thursday, despite the successful completion of the highly anticipated Merge event. The event saw a migration from proof-of-work , to a proof-of-stake system. Bitcoin was also lower in today’s session, with the token falling below the $20,000 level.) fell below $20,000 on Thursday, as sentiment surrounding cryptocurrencies remained bearish.
Following U.S. inflation data earlier this week, crypto markets have been hit with a red wave, with bitcoin falling by over $2,500 since the start of the week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow drops over 600 points as stocks tumble after hotter-than-expected CPI readingU.S. stock-index futures gave up early gains to turn sharply lower Tuesday after an unexpected monthly rise in the August consumer-price index dashed hopes for a further slowdown in inflation.
Read more »
'Our Next Energy' To Showcase Anode-Free Battery With 600-Mile RangeOur Next Energy will feature its anode-free battery cells and Gemini long range battery pack in Michigan this week.
Read more »
Heinz ketchup, Lanson champagne, other favorites of the Queen may have to change brandingMore than 600 companies that received a Royal Warrant from the Queen to display the royal coat of arms on their products including Heinz will have to reapply.
Read more »
Bitcoin drops below $21,000, ether under $1,600 following hot U.S. inflationBitcoin plummets below $21,000, ether losses ground ahead of The Merge and traders are increasingly expecting a harsh response from the Fed next week. Bitcoin plummets below $21,000, ether losses ground ahead of The Merge and traders are increasingly expecting a harsh response from the Fed next week.
Read more »
Biggest Movers: ETC Trading Below $40.00 Ahead of Thursday's Merge Event – Market Updates Bitcoin NewsEthereum classic rebounded on Wednesday, following three consecutive days of declines. Solana also dropped, falling to a one-week low.
Read more »