Ethereum Is Bleeding Before Update! - Coinleaks
Current Date:November 7, 2024

Ethereum Is Bleeding Before Update!

The data of the Ethereum ecosystem, which will update Shapella in the coming hours, continues to progress in the form of a decline.

shapellaAfter its update brought excitement to the crypto community, Ethereum ( ETH ) alarming data has arrived. Reaching $ 1940 in the past days, ETH had seen its 7-month price peak. However, as the update date approaches, the negative trend ETH raises a question mark among crypto investors . Passing the day with a price drop of 2.46% In ETH, the data that lost power as we got closer to the Shapella update attracted attention.

Ethereum (ETH) Is Losing Its Domination!

in about three days ETH, which lost its dominance by 3.41%, expectations for now can’t afford . This update, which divides crypto investors in two, end datatogether with more rivalry environment created . While one segment stated that the Shapella update would lead to upward hard pricing, the other segment called it the beginning of the decline.

In terms of both price and dominance ETH losing its power in the crypto market seems to upset users, especially those who are looking forward to the update. Although there is no clear movement of the update for now data that is slowly losing its strength may be ringing the alarm bells for ETH.