Ethereum (ETH) Crashes 10% On Merge Delay, Is $1200 In Sight? - BitcoinEthereumNews.com
Ethereumएथेरियम (ETH) मर्ज विलंब पर 10% दुर्घटनाग्रस्त हो गया, क्या $ 1200 दृष्टि में है?06 / 11 / 2022बिटकॉइन एथेरियम समाचार Ethereum (ETH) dropped sharply in the past 24 hours on concerns over possible delay in its planed shift to a proof of stake model. के आंकड़ों के मुताबिक coinmarketcap.com, the second-largest cryptocurrency crashed over 10% to $1,588.57- its lowest level since March 2021. The token is trading down about 56% this year, and has fared far worse than its bigger peer Bitcoin. Ethereums latest losses were triggered by several factors. A delay in a planed difficulty bomb, which is intended to eventually phase out mining on the chain, is the most recent source of downside pressure. Higher-than-expected U.S. inflation figures on Friday also rattled crypto markets. Ethereum merge possibly delayed Despite a successful deployment of the merge on the Ropsten testnet this week, Ethereum developers decided to delay a planed difficulty bomb. The move potentially pushes back a planed phasing out of mining, raising concerns over a delay to the merge. It also casts doubts over a forecast by founder Vitalik Buterin that the merge could occur by as soon as अगस्त. The merge is one of the most anticipated events in crypto this year, given that it