Ethereum
- The final upgrade to the Ethereum network before the merge is the Bellatrix hard fork. This took place yesterday on the Beacon Chain.
- Following the announcement of the last upgrade, Ethereum had risen to a high of $1,680. Although since its high it had dropped 11% to a low of $1,500. It is currently trading at $1,513.
See Related: Staked Ether Doubles In Volume As The Merge Approaches
Bitcoin
- Bitcoin has experienced a bit of turmoil within the last day after hitting highs of $20,000.
- Bitcoin had briefly hit $20,401 on Tuesday before dropping to the mid $19,000s. Since Tuesday, Bitcoin has taken a hit dropping from $19,700 to a low of $18,650 – a drop of 5% within the space of a few hours where it is currently trading at $18,759.
- Bitcoin’s relative strength index (RSI) is neutral at the moment, sitting at 29.59 where the 14-day resistance point is 38. Although, we can see some momentum gaining in the chart where it could reach high $20,000s within the coming weeks.
Alt Coins
- Within the last day, the total market is down 5.8% shy of $1T, at $939.61B.
- BNB has seen a decrease of 6.5%, XRP has seen a drop of 3.48%, and Cardano has seen a drop of nearly 8%! All coins within the top 10, exlcuding stablecoins, are at a loss within the past 24 hours.
- Where do we go from here? Upcoming events in the market such as the Merge and Cardanos Vasil hard fork indicate for a strong run in the coming weeks – although, good news doesn’t always equate for good prices.