First Mover Asia: Ethereum’s Ropsten ‘Merge’ Prompts Mixed Analyst Sentiment; Bitcoin Is Flat

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First Mover Asia: Ethereum’s Ropsten ‘Merge’ Prompts Mixed Analyst Sentiment; Bitcoin Is Flat
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Market observers and developers within the crypto space have mixed opinions about the Ethereum Ropsten 'Merge'; bitcoin and ether trade roughly flat on Thursday. shauryamalwa and JPRubin23 report

worth of ether per transaction earlier this year when non-fungible tokens related to the popular Bored Ape Yacht Club ecosystem were offered to the public.

Such forecasts have led to positive sentiment among investors, with some, like prominent billionaire technology investor Mark Cuban, stating they are “Market observers and developers within the crypto space remain mixed in reaction, however. Yasar stated ether’s recent price drop was partly due to “the uncertainty among the community that has been supporting Ethereum by mining on it.”

Others, however, remain upbeat about the Merge’s prospects, especially considering the significantly lessening of the environmental impact.

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