Ethereum price once again trading in the green as recovery starts

invezz.com
3 min read
fairly easy
Ethereum (ETH) price recently saw a few sharp drops. The biggest cause of the drop is undoubtedly Bitcoin and its overwhelming dominance over the crypto market, but Ethereum is known for taking its own path from time to time, so it might not be entirely Bitcoin's fault. Ethereum 2.0 launch approaches There are multiple reasons …
Ethereum (ETH) price recently saw a few sharp drops. The biggest cause of the drop is undoubtedly Bitcoin and its overwhelming dominance over the crypto market, but Ethereum is known for taking its own path from time to time, so it might not be entirely Bitcoin's fault.

Ethereum 2.0 launch approaches

There are multiple reasons why the ETH fans might expect the coin to rebound soon, such as Sigma Prime's recent announcement that it managed to make the first merge transaction between two Ethereum networks. The transaction was made by its PoS validator-based client, Lighthouse, and it successfully made a transaction between Ethereum and Ethereum 2.0.

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This has greater implications, however, such as the confirmation of the fact that developers are working on merging the old Ethereum network with the new one. This is something that…
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